§ 9.5-408. Revenues

Latest version.

   (a) Sources; types of revenue. --

   (1) The Commission may seek money from the federal government, foundations, and private sources in addition to State financing.

   (2) The Commission may accept gifts, grants, donations, bequests, or endowments for any of its purposes.

(b) Nonreversion of money. -- Money received under subsection (a) of this section, income from the operation of the Banneker-Douglass Museum, and money from educational materials and activities of the Commission are not subject to § 7-302 of the State Finance and Procurement Article.

(c) Audit. -- Money maintained under this section is subject to audit by the State, including the Legislative Auditor.

HISTORY: An. Code 1957, art. 83B, § 5-305; 2005, ch. 26, § 2; ch. 440, § 2, 3; 2008, ch. 521, § 3, 4.

                    
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