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Part I - General Provisions
Section 10-801 - Definitions - (a) In this subtitle the following words have the meanings...
Section 10-802 - Legislative Findings; Purpose; Intent - (a) The General Assembly finds that: (1) the United States...
Section 10-803 - Construction and Effect of Subtitle - (a) This subtitle shall be liberally construed to carry out...
Part II - Maryland Clean Energy Center
Section 10-806 - Established - (a) There is a Maryland Clean Energy Center. (b) The...
Section 10-807 - Board of Directors - (a) A Board of Directors shall manage the Center and...
Section 10-808 - Officers - From among the members of the Board: (1) the Governor...
Section 10-809 - Meetings; Quorum - (a) The Board shall determine the times and places of...
Section 10-810 - Committees - (a) (1) The Board shall establish an Advisory Committee. (2)...
Section 10-811 - Executive Director - (a) (1) Subject to the approval of the Governor, the...
Section 10-812 - Legal Advisor - (a) The Attorney General is the legal advisor to the...
Section 10-813 - Staff; Consultants - The Center may retain any necessary accountants, engineers, financial advisors,...
Section 10-814 - Applicability of Other Laws - (a) Except as provided in subsections (b), (c), and (e)...
Section 10-815 - Findings of Board - A finding by the Board concerning the public purpose of...
Section 10-816 - Accounting; Fiscal Year - (a) The Center shall establish a system of financial accounting,...
Section 10-817 - Money of Center - (a) The Center may create and administer the accounts that...
Section 10-818 - Inspection of Public Records - (a) (1) The Executive Director and each other officer authorized...
Section 10-819 - Powers -- in General - The Center may: (1) adopt bylaws for the conduct of...
Section 10-820 - Powers -- Grants and Investments - The Center may make grants to or provide equity investment...
Section 10-821 - Powers -- Projects - The Center may: (1) acquire, develop, improve, manage, market, license,...
Section 10-822 - Powers -- Debt - The Center may: (1) borrow money and issue bonds to...
Section 10-823 - Dissemination of Information; Cooperation and Consultation With Other Units - (a) The Center may disseminate information and materials pertinent to...
Section 10-824 - Tax Status - The Center is exempt from State and local taxes.
Section 10-825 - Audit - (a) The books and records of the Center are subject...
Section 10-826 - Annual Report - (a) On or before October 1 of each year, the...
Part III - Maryland Energy Innovation Institute
Section 10-828 - Definitions - (a) In this part the following words have the meanings...
Section 10-829 - Maryland Energy Innovation Institute Established - (a) There is a Maryland Energy Innovation Institute. (b) The...
Section 10-830 - Advisory Board of the Institute - (a) (1) There is an Advisory Board of the Institute....
Section 10-831 - Meetings - (a) The Institute Board shall determine the times and places...
Section 10-832 - Director - (a) (1) The Director of the University of Maryland Energy...
Section 10-833 - Staff; Consultants - The Institute may retain any staff or consultants.
Section 10-834 - Powers - (a) The Institute may: (1) maintain offices at the University...
Section 10-835 - Maryland Energy Innovation Fund - (a) (1) There is a Maryland Energy Innovation Fund in...
Section 10-836 - Tax Exemption - The Institute is exempt from State and local taxes.
Section 10-837 - Audits - The books and records of the Institute are subject to...
Section 10-838 - Institute and Center Are Independent Entities - The Institute and the Center are independent entities that are...
Section 10-839 - Reports - (a) On or before October 1 each year, the Institute...
Part IV - Bonds
Section 10-840 - General Authorization - (a) (1) The Center may periodically: (i) issue bonds for...
Section 10-841 - Trust Agreement - (a) The Center may secure bonds by a trust agreement....
Section 10-842 - Legal Investments - Bonds are securities: (1) in which any of the following...
Section 10-843 - Liability; Full Faith and Credit - (a) A bond: (1) is not: (i) a debt or...
Section 10-844 - Rates, Rents, Fees, Charges - (a) The Center may: (1) fix and collect rates, rents,...
Section 10-845 - Pledge - (a) (1) Any pledge of revenues and other money under...
Section 10-846 - Use of Bond Proceeds and Revenues - (a) Proceeds from the sale of bonds and other revenues...
Section 10-847 - Refunding Bonds - (a) (1) The Center may issue bonds to refund outstanding...
Section 10-848 - Bond Anticipation Notes - (a) The Center may issue negotiable bond anticipation notes in...
Section 10-849 - Title Conveyance; Release of Security - (a) The Center shall convey title to a project and...
Section 10-850 - Enforcement Authority - (a) A bondholder, a holder of any coupons attached to...
Section 10-851 - Tax Status - (a) The Center, its agent, or its lessee is not...
Part V - Short Title
Section 10-854 - Short Title - This subtitle may be cited as the “Maryland Clean Energy...