(a) This section does not apply to:
(1) property that is pledged to secure the payment of principal of or interest on revenue bonds; or
(2) real property that is owned or controlled by the State Highway Administration, unless the property is being transferred to the Maryland Transportation Authority or to another unit in the Department of Transportation.
(b) (1) The Board may transfer any property, and all rights of physical custody and control over the property, from a unit of the Executive Branch of the State government to another unit of the Executive Branch of the State government.
(2) Any property transferred under this subsection is exempt from the appraisal requirements under § 10–305(b)(2)(i) of this subtitle.
(3) Any property transferred under this subsection is subject to the continuing general jurisdiction of the Board.
Structure Maryland Statutes
Title 10 - Board of Public Works -- Miscellaneous Provisions
Subtitle 3 - Sale and Transfer of Property
Section 10-301 - "Real or Personal Property" Defined
Section 10-302 - Scope of Subtitle
Section 10-302.1 - Certain Agricultural Lands Excepted
Section 10-303 - Exception to Subtitle
Section 10-304 - Transfer of Property Between Units of Executive Branch
Section 10-305 - Transfers of State Real or Personal Property -- in General
Section 10-306 - Transfers of State Real or Personal Property -- Accounting for Proceeds
Section 10-307 - Transfer of Geothermal Resources on State-Owned Property
Section 10-308 - Leases of State-Owned Property to Business Entities