§ 10-4D-03
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/md/economic-development/10-4d-03A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§10–4D–03.
(a)Subject to the provisions of this subtitle, the Corporation shall establish a grant and loan program to provide grants and loans for State–funded, human–relevant animal testing alternatives research.
(b)A grant or loan awarded under this subtitle is contingent on the recipient entering into a memorandum of understanding with the Corporation that:
(1)establishes the scope of the State’s ownership or other financial interest in the commercialization and other benefits of the results, products, inventions, and discoveries resulting from State–funded, human–relevant research; and
(2)to the extent consistent with federal and State law, reflects the intellectual property policies of the Corporation.
(c)The Corporation may not disburse grant or loan money to a recipient until the recipient meets the requirements of subsection
(b)of this section.