Maryland Code, STATE GOVERNMENT 10-706
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Terms Used In Maryland Code, STATE GOVERNMENT 10-706
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Each contract and other obligation that relates to a transferred function or authority of an abolished or superseded unit remains in effect and shall be carried out by the successor.