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Code · Maryland · Economic Development

§ 6-615

76 words·~1 min read·/md/economic-development/6-615

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§6–615.
(a)The governing body of each nonprofit institution of higher education shall submit a research endowment plan to the Authority prior to submitting its first request for a distribution of matching funds from the Fund.
(b)The research plan shall include:
(1)any information requested by the Authority to ensure compliance with the requirements of this subtitle; and
(2)a demonstration of interest from qualified private donors to meet the criteria established by the Authority.
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