§ 8-1910. Exemption from certain Code provisions

Latest version.

   (a) In general. -- Except as provided in subsection (b) of this section, in exercising its powers, the Trust:

   (1) Is exempt from the provisions of the State Finance and Procurement Article, the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System, and the provisions of Division II and Title 37 of the State Personnel and Pensions Article; and

   (2) May carry out its corporate purposes without obtaining the consent of any department, board, or agency of the State.

(b) Exception. -- The Trust is subject to the provisions of the State Finance and Procurement Article to the extent of State appropriations or contracts or grants from a unit of State government, if any.

HISTORY: 1985, ch. 789; 1987, ch. 11, § 1; 1990, ch. 6, § 2; 1993, ch. 22, § 1; 1994, ch. 468; 2008, chs. 635, 636; 2010, ch. 275, § 1; ch. 276, § 1; 2013, ch. 119, § 14.

                    
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