§ 10-104. Independent unit  


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  •    (a) In general. -- The Fund is independent of all State units.

    (b) Effect. --

       (1) Except as provided in paragraph (2) of this subsection and elsewhere in this subtitle, the Fund is not subject to any law, including § 6-106 of the State Government Article, that affects governmental units.

       (2) The Fund is subject to:

          (i) Title 10, Subtitle 6, Part III of the State Government Article;

          (ii) Title 12 of the State Government Article;

          (iii) the Maryland Public Ethics Law; and

          (iv) Title 5, Subtitle 3 of the State Personnel and Pensions Article.

       (3) Paragraph (1) of this subsection does not affect the exemption from property tax under § 7-210 of the Tax - Property Article.


HISTORY: An. Code 1957, art. 101, § 70; 1991, ch. 8, § 2; 2009, ch. 336, § 2; 2012, ch. 570, § 2.