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Ch. 546
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2448
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LAWS OF MARYLAND
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 3(f), 4(i), 14, 18(a) , 18(d), and
19 of Article 43C - Maryland Health and Higher
Educational Facilities Authority, of the Annotated Code
of Maryland (1971 Replacement Volume and 1976 Supplement)
be and they are hereby repealed and reenacted, with
amendments, to read as follows:
Article 43C - Maryland Health and
Higher Educational Facilities Authority
3.
As used in this article, the following words and
terms shall have the following meanings unless the
context indicates another or different meaning or intent:
(f) "Institution for higher education" shall mean an
educational institution situated within the State which
by virtue of law or charter is a public or other
nonprofit [education] EDUCATIONAL institution empowered
to provide a program of education beyond the high school
level and awards a bachelor's or advanced degree or
provides a program of not less than two (2) years
duration which is accepted for full credit toward a
bachelor's degree, and which [(i) is a public educational
institution meeting] MEETS the standards, rules and
regulations prescribed by the State Board [of] FOR HIGHER
Education and IS thereby empowered to issue a
certificate, diploma or degree pursuant to Article [77, §
11] 77A, §32A of the Maryland Code[, or (ii) is a
nonprofit educational institution having a certificate of
approval issued by the State Superintendent of Schools or
operating under a charter granted by the legislature of
Maryland pursuant to Article 77, § 12 of the Maryland
Code]. This term shall not mean any institution owned
and operated by the State.
4.
(i) The members of the Authority shall receive no
compensation for the performance of their duties
hereunder, but each such member shall be paid his
necessary expenses incurred while engaged in the
performance of such duties, in accordance with the
standard travel regulations TO THE EXTENT THAT THOSE
REGULATIONS ARE APPLICABLE.
14.
The Authority is authorized to fix, revise, charge
and collect rates, rents, fees and charges for the use of
and for the services furnished or to be furnished by each
project and to contract with any person, partnership,
association or corporation or other body, public or
private, in respect to thereof. Such rates, rents, fees
and charges shall be fixed and adjusted in respect of the
aggregate of rates, rents, fees and charges from such
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