Providing that the unexpired or partial term of a member of the Board of Regents of the University System of Maryland appointed to fill a vacancy does not qualify as a full term for the purposes of the prohibition against a member serving more than 2 consecutive full terms; authorizing the Board of Regents to make a one-time transfer of up to $25,000,000 from the non-State supported fund balance to a quasi-endowment fund; limiting the use of certain proceeds to certain purposes; and providing for the application of certain provisions.
Bill File Type: Regular
Effective Date(s): July 1, 2018
( 12-102, 12-104 )
Last Updated: 2/3/2020 2:35 PM