Unannotated Code of Maryland (Last Updated: May 16, 2014) |
EDUCATION |
DIVISION III. HIGHER EDUCATION |
TITLE 14. MORGAN STATE UNIVERSITY AND ST. MARY'S COLLEGE OF MARYLAND |
SUBTITLE 1. MORGAN STATE UNIVERSITY |
§ 14-105. Income from investment of special fund appropriation to University
Latest version.
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The interest or other income from the investment of any funds of the University shall be credited to the University, provided that any interest estimated to be earned on the State appropriation must be offset by an equivalent reduction in State General Fund support.
HISTORY: 1985, ch. 11, § 4; 1986, ch. 657; 1988, ch. 246, § 2; 1991, ch. 55, § 6; 1994, ch. 662, § 6.