Maryland Code, BUSINESS OCCUPATIONS AND PROFESSIONS 11-508
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(a) The Association shall submit to the Board:
(1) an annual financial audit of payments to pilots under § 11-505 of this subtitle; and
(2) an annual financial audit of the Maintenance and Replacement Fund under § 11-506 of this subtitle.
(b) The Board shall keep copies of the financial audits received under subsection (a) of this section.