About Statutes

This page accesses the Code of Maryland (Statutes) and the Maryland Municipal Charters and Resolutions as compiled and maintained by the Department of Legislative Services.

The Code is arranged by and organized into “Articles” (e.g. Transportation Article), which are further subdivided into “titles”, “subtitles”, “sections”, “subsections”, “paragraphs”, subparagraphs”, etc.

Note that the “official” compilation of the laws (Chapters) enacted at each session of the General Assembly is published by the State as the “Laws of Maryland”, commonly referred to as the “Session Laws”. The Session Laws for each session are compiled chronologically by chapter number and serve as the source law from which the statutes accessed here are derived.

While the “Laws of Maryland” (Session Laws) constitute the official laws of the State, this Code and the annotated versions noted below are accepted as “evidence” of the law in all State courts and by all public offices and officials (See § 10-201 of the Courts & Judicial Proceedings Article). However, in the event of a conflict between the Code and the Session Laws, the Session Laws prevail.

Note: Annotated versions of the Code, published by LexisNexis and West, are available in book and online formats. These Annotated Codes include references to case law, related citations, and explanatory notations.

The Municipal Charters are updated each year by incorporating all charter resolutions received by the Department through May 31 of that year. Individual Municipal Resolutions are published to the General Assembly website as they are received by the Department.



Statute Text

ati378432.tmp
Article - General Provisions
§5–512.  
(a)    (1)   In this section, “close economic association” means the association between a legislator and:
(i)   the legislator’s:
1.   employer;
2.   employee; or
3.   partner in a business or professional enterprise;
(ii)   a partnership, limited liability partnership, or limited liability company in which the legislator has invested capital or owns an interest;
(iii)   a corporation in which the legislator owns the lesser of:
1.   10% or more of the outstanding capital stock; or
2.   capital stock with a cumulative value of $25,000 or more; and
(iv)   a corporation in which the legislator is an officer, a director, or an agent.
(2)   “Close economic association” does not include a legislator’s ownership of stock directly through a mutual fund, a retirement plan, or any other similar commingled investment vehicle the individual investments of which the legislator does not control or manage.
(b)    (1)   An interest of a member of the General Assembly conflicts with the public interest if the legislator’s interest tends to impair the legislator’s independence of judgment.
(2)   The conflict disqualifies the legislator from participating in any legislative action, or otherwise attempting to influence any legislation, to which the conflict relates.
(c)   It is presumed that an interest disqualifies a legislator from participating in legislative action whenever the legislator:
(1)   has or acquires a direct interest in an enterprise that would be affected by the legislator’s vote on proposed legislation, unless the interest is common to all members of:
(i)   a profession or occupation of which the legislator is a member; or
(ii)   the general public or a large class of the general public;
(2)   benefits financially from a close economic association with a person whom the legislator knows has a direct interest in an enterprise or interest that would be affected by the legislator’s participation in legislative action, differently from other like enterprises or interests;
(3)   benefits financially from a close economic association with a person who is lobbying for the purpose of influencing legislative action; or
(4)   solicits, accepts, or agrees to accept a loan, other than a loan from a commercial lender in the normal course of business, from a person who would be affected by or has an interest in an enterprise that would be affected by the legislator’s participation in legislative action.