(a) The Trust is:
(1) exempt from the General Procurement Law provisions of Division II of the State Finance and Procurement Article; but
(2) subject to Title 12, Subtitle 4 of the State Finance and Procurement Article.
(b) The Trust is exempt from the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 10 - Statewide Development Resources and Revenue Authorities
Subtitle 7 - Maryland Venture Capital Trust
Section 10-702 - Legislative Findings; Intent
Section 10-703 - Construction of Subtitle
Section 10-705 - Board of Trustees
Section 10-706 - Applicability of Other Laws
Section 10-708 - Preferred Proposals
Section 10-709 - Seed Capital Investments