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§ 14-105. Interest or investment income credited to University

West's Annotated Code of MarylandEducation

West's Annotated Code of Maryland
Education (Refs & Annos)
Division III. Higher Education [Titles 10-20] (Refs & Annos)
Title 14. Morgan State University and ST. Mary's College of Maryland (Refs & Annos)
Subtitle 1. Morgan State University (Refs & Annos)
MD Code, Education, § 14-105
§ 14-105. Interest or investment income credited to University
The interest or other income from the investment of any funds of the University shall be credited to the University, provided that any interest estimated to be earned on the State appropriation must be offset by an equivalent reduction in State General Fund support.

Credits

Added as Education § 13-204.5 by Acts 1985, c. 11, § 4, eff. Oct. 1, 1985. Amended by Acts 1986, c. 657. Renumbered as Education § 14-105 and amended by Acts 1988, c. 246, § 2, eff. July 1, 1988. Amended by Acts 1991, c. 55, § 6; Acts 1994, c. 662, § 6, eff. Oct. 1, 1994.
MD Code, Education, § 14-105, MD EDUC § 14-105
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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