Maryland Statutes
Title 18 - Student Financial Assistance
Subtitle 19 - Maryland 529 Program

Section 18-1901 - Definitions - (a) In this subtitle the following words have the meanings...

Section 18-1902 - Policy Statement - It is the intent of the General Assembly to enhance...

Section 18-1902.1 - Maryland 529 - (a) There is a Program entitled Maryland 529. (b) The...

Section 18-1903 - Trust Established; Purpose; Funds - (a) There is a Maryland Senator Edward J. Kasemeyer Prepaid...

Section 18-1904 - Maryland 529 Board - (a) There is a Maryland 529 Board. (b) The Board...

Section 18-1905 - Officers; Powers and Duties of Board - (a) The Board, from among the members of the Board,...

Section 18-1905.1 - Additional Duties -- Marketing Plan to Increase Participation in Maryland 529 - (a) (1) The Board shall develop and implement a marketing...

Section 18-1906 - Comprehensive Investment Plan - (a) The Board shall adopt a comprehensive investment plan for...

Section 18-1906.1 - Obligations Exceeding Market Value of Trust Assets - (a) If the current prepaid contract obligations of the Trust...

Section 18-1907 - Trust Management and Administration; Fiduciary - (a) In this section, “fiduciary” means: (1) A member of...

Section 18-1908 - Bonding of Fiduciary - (a) The Board shall purchase a bond for each fiduciary...

Section 18-1909 - Contracts; Community College, University, and Two Plus Two Plans - (a) The Board shall establish prepaid contracts under the Trust...

Section 18-1910 - Refunds - (a) (1) The Board shall issue refunds as specified in...

Section 18-1911 - Insurance Article Inapplicable - The Board, Trust, and prepaid contracts issued under this subtitle...

Section 18-1912 - State and Local Tax Exemption - The assets and income of the Trust are exempt from...

Section 18-1913 - Seizure of Contract Benefits Prohibited - (a) In this section, “person” does not include the State....

Section 18-1914 - Admission and Tuition - (a) Nothing in this subtitle or in any prepaid contract...

Section 18-1915 - Payroll Deductions - The State and its agencies or any local government in...

Section 18-1916 - Audit of Trust - (a) (1) The Legislative Auditor shall audit the Trust as...