Maryland Code, EDUCATION 18-1601
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, EDUCATION 18-1601
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) In this subtitle the following words have the meanings indicated.
(b) “Eligible employment” means full-time employment in the State in an occupation requiring a college or university degree in a math or science program.
(c) “Higher education loan” means any loan for undergraduate study that is obtained for tuition, educational expenses, or living expenses from:
(1) A college or university, government, or commercial source; or
(2) An organization, institution, association, society, or corporation that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code of 1986.