Maryland Code, ECONOMIC DEVELOPMENT 10-4D-04
Terms Used In Maryland Code, ECONOMIC DEVELOPMENT 10-4D-04
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) The Board shall:
(1) review, evaluate, rank, and rate research proposals for State-funded, human-relevant animal testing alternatives research:
(i) based on the procedures and guidelines established by the Corporation; and
(ii) in a manner that gives due consideration to the scientific, medical, and ethical implications of the research; and
(2) based on the rankings and ratings awarded to the research proposals by the Board, make recommendations to the Corporation for the award and disbursement of grants and loans.
(c) A member of the Board:
(1) is not eligible to receive a grant or loan for State-funded, human-relevant research from the Fund; and
(2) shall be subject to conflict of interest standards that are at least as stringent as the standards on conflict of interest adopted by the federal National Institutes of Health.