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§ 15-103. Payment by State within 30 days

West's Annotated Code of MarylandState Finance and Procurement

West's Annotated Code of Maryland
State Finance and Procurement
Division II. General Procurement Law [Titles 11-End] (Refs & Annos)
Title 15. Procurement Contract Administration and Dispute Resolution (Refs & Annos)
Subtitle 1. Procurement Contract Administration (Refs & Annos)
MD Code, State Finance and Procurement, § 15-103
§ 15-103. Payment by State within 30 days
Currentness
It is the policy of the State to make a payment under a procurement contract within 30 days:
(1) after the day on which the payment becomes due under the procurement contract; or
(2) if later, after the day on which the unit receives an invoice.

Credits

Added by Acts 1988, c. 48, § 2, eff. Oct. 1, 1988.
MD Code, State Finance and Procurement, § 15-103, MD STATE FIN & PROC § 15-103
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document