Home Table of Contents

§ 17-701. Definitions

West's Annotated Code of MarylandState Finance and ProcurementEffective: October 1, 2013

West's Annotated Code of Maryland
State Finance and Procurement
Division II. General Procurement Law [Titles 11-End] (Refs & Annos)
Title 17. Special Provisions--State and Local Subdivisions (Refs & Annos)
Subtitle 7. Investment Activities in Iran (Refs & Annos)
Effective: October 1, 2013
MD Code, State Finance and Procurement, § 17-701
§ 17-701. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Energy sector of Iran
(b) “Energy sector of Iran” means activities to develop petroleum or natural gas resources or nuclear power in Iran.
Financial institution
(c) “Financial institution” has the meaning stated in Section 14 of the Iran Sanctions Act of 1996 (Public Law 104-172).
Iran
(d) “Iran” includes the government of Iran and any agency or instrumentality of Iran.
Person
(e) “Person” includes:
(1) a natural person, corporation, company, limited liability company, business association, partnership, society, trust, or any other nongovernmental entity, organization, or group;
(2) a governmental entity or instrumentality of a government, including a multilateral development institution, as defined by the federal International Financial Institutions Act, 22 U.S.C. 262r(c)(3); or
(3) any parent, successor, subunit, direct or indirect subsidiary of, or any entity under common ownership or control with, an entity described in item (1) or (2) of this subsection.
Public body
(f) “Public body” means:
(1) the State;
(2) a county, municipal corporation, or other political subdivision;
(3) a public instrumentality; or
(4) any governmental unit authorized to award a contract.

Credits

Added by Acts 2012, c. 446, § 1, eff. June 1, 2012; Acts 2012, c. 447, § 1, eff. June 1, 2012. Amended by Acts 2013, c. 554, § 1, eff. Oct. 1, 2013; Acts 2013, c. 555, § 1, eff. Oct. 1, 2013.
MD Code, State Finance and Procurement, § 17-701, MD STATE FIN & PROC § 17-701
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document