Maryland Code, STATE GOVERNMENT 9-2609
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Terms Used In Maryland Code, STATE GOVERNMENT 9-2609
- 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.
- including: means includes or including by way of illustration and not by way of limitation. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) The Board shall prepare and implement an operating and a capital budget for the management of its affairs.
(b) The Governor may include a grant to the Corporation in the State budget.
(c) The Corporation shall support all operating costs, including personnel and retirement costs, from any General Fund allocations, and its other income sources.
(d) This section does not restrict the budgetary power of the General Assembly.