Unannotated Code of Maryland (Last Updated: May 16, 2014) |
EDUCATION |
DIVISION III. HIGHER EDUCATION |
TITLE 17. FINANCIAL AID TO INSTITUTIONS OF HIGHER EDUCATION |
SUBTITLE 3. PRIVATE DONATION INCENTIVE PROGRAM. |
§ 17-303. Audits
Latest version.
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An affiliated foundation of an eligible institution that receives State payments shall provide to the Maryland Higher Education Commission an annual audit of all pledged and paid amounts and their sources, and a copy of the annual audit shall be provided to the Legislative Auditor.