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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION II. INDEPENDENT AND REGIONAL DEVELOPMENT UNITS AND RESOURCES |
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TITLE 10. STATEWIDE DEVELOPMENT RESOURCES AND REVENUE AUTHORITIES |
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SUBTITLE 7. MARYLAND VENTURE CAPITAL TRUST |
§ 10-706. Applicability of other laws
Latest version.
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(a) Procurement. -- The Trust is:
(1) exempt from the General Procurement Law provisions of Division II of the State Finance and Procurement Article; but
(2) subject to Title 12, Subtitle 4 of the State Finance and Procurement Article.
(b) Personnel. -- The Trust is exempt from the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.