Md. Code, Economic Development § 10-4D-03
This is the official text of Md. Code, Economic Development § 10-4D-03, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§10–4D–03.
Official statutory text
(a) Subject to the provisions of this subtitle, the Corporation shall establish a grant and loan program to provide grants and loans for State–funded, human–relevant animal testing alternatives research.
(b) A grant or loan awarded under this subtitle is contingent on the recipient entering into a memorandum of understanding with the Corporation that:
(1) establishes the scope of the State’s ownership or other financial interest in the commercialization and other benefits of the results, products, inventions, and discoveries resulting from State–funded, human–relevant research; and
(2) to the extent consistent with federal and State law, reflects the intellectual property policies of the Corporation.
(c) The Corporation may not disburse grant or loan money to a recipient until the recipient meets the requirements of subsection (b) of this section.
(b) A grant or loan awarded under this subtitle is contingent on the recipient entering into a memorandum of understanding with the Corporation that:
(1) establishes the scope of the State’s ownership or other financial interest in the commercialization and other benefits of the results, products, inventions, and discoveries resulting from State–funded, human–relevant research; and
(2) to the extent consistent with federal and State law, reflects the intellectual property policies of the Corporation.
(c) The Corporation may not disburse grant or loan money to a recipient until the recipient meets the requirements of subsection (b) of this section.
Status: in_force · Read it on the official government site
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