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Maryland · Through 2026-01-01

Md. Code, State Finance and Procurement § 12–205

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  1. Article - State Finance and Procurement

(a) This section does not apply to a lease entered into on or before May 31, 1967, unless the lease is renewed after that date.

(b) An appropriation may not be obligated or spent for the lease of a building or part of a building to be occupied by the State or a unit of the State government for a State purpose at an annual rent that exceeds 15% of the fair market value of the leased premises on the date of the lease.

Collected 2026-09-14T20:00:48Z. Source file · JSON

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