§ 4-801. Special Fund for Preservation of Cultural Arts in Maryland
West's Annotated Code of MarylandEconomic DevelopmentEffective: June 1, 2017
Effective: June 1, 2017
MD Code, Economic Development, § 4-801
§ 4-801. Special Fund for Preservation of Cultural Arts in Maryland
(a) In this section, “Fund” means the Special Fund for Preservation of Cultural Arts in Maryland.
(c) The purpose of the Fund is to provide supplemental grants to cultural arts organizations in the State that qualify for general operating support grants from the Maryland State Arts Council.
(e)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(f) The Fund consists of:
(g) The Fund shall be used to provide supplemental grants for operating and programmatic improvements that strengthen the organizational capacity and financial stability of cultural arts organizations in the State that qualify for general operating support grants from the Maryland State Arts Council.
(h)(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(i) For each appropriation to the Fund, the Governor may:
Credits
Added by Acts 2009, c. 661, § 1, eff. June 1, 2009. Amended by Acts 2010, c. 484, § 3, eff. June 1, 2010; Acts 2012, c. 603, § 1, eff. July 1, 2012; Acts 2015, c. 22, § 5; Acts 2016, c. 145, § 1, eff. July 1, 2016; Acts 2017, c. 23, § 1, eff. June 1, 2017.
MD Code, Economic Development, § 4-801, MD ECON DEV § 4-801
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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