§ 17-304. Allocation of payments made

MD Educ Code § 17-304 (2019) (N/A)
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(a)    Amounts paid by the State under this subtitle may be applied to any eligible program at the eligible institution to which the payment is made.

(b)    No more than one-half of the total amount to be paid by the State under provisions of this subtitle may be appropriated in any fiscal year. The provisions of § 7-302 of the State Finance and Procurement Article do not apply to unused program funds.