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LAWS OF MARYLAND

Ch. 22

(B)       PURCHASES.

THE UNIVERSITY MAY USE THE PURCHASING FACILITIES OF THE
DEPARTMENT OF GENERAL SERVICES.

(C)    INFORMATION TO BE MADE AVAILABLE TO STATE
AGENCIES; ANNUAL REPORT.

(1)   THE UNIVERSITY SHALL PROVIDE THE STATE BOARD
FOR HIGHER EDUCATION, THE BOARD OF PUBLIC WORKS, AND ANY
MEMBER OF THE GENERAL ASSEMBLY, WITH ANY INFORMATION ON ANY
PHASE OF OPERATION OF THE UNIVERSITY THAT MAY BE REQUESTED.

(2)    THE UNIVERSITY SHALL MAKE AN ANNUAL REPORT
TO THE GENERAL ASSEMBLY COVERING ITS WORK. THE REPORT SHALL
INDICATE CLEARLY BY DONOR, AMOUNT, AND PURPOSE, EACH GIFT,
GRANT, OR DEDICATION OF FUNDS RECEIVED OR MADE AVAILABLE TO
THE UNIVERSITY DURING THE YEAR. HOWEVER, THE PURPOSE OF ANY
GIFT, GRANT, OR DEDICATION MAY BE WITHHELD IF NECESSARY FOR
REASONS OF NATIONAL SECURITY.

(D)   INCOME.

(1) ALL INCOME OF THE UNIVERSITY SHALL BE

DEPOSITED:

(1)   IN THE STATE TREASURY; OR

(II) AS THE STATE TREASURER DIRECTS.

(2)    WITH THE WRITTEN APPROVAL OF THE BOARD OF
PUBLIC WORKS, THE UNIVERSITY MAY SPEND:

(I)   ANY SURPLUS OVER THE ESTIMATED RECEIPTS IN
ANY FISCAL YEAR FROM STUDENT INCOME, EXCEPT THE STUDENT
ACTIVITIES FEE, THE ATHLETIC FEE, AND THE SPECIAL FEE FOR
STUDENT PROJECTS, FOR FROM THE SCHOOLS AT COLLEGE PARK,
PRINCESS ANNE, AND THE PROFESSIONAL SCHOOLS IN BALTIMORE
CITY;

(II)    ANY INCOME FROM THE UNIVERSITY HOSPITAL;
AND

(III) THE STATE APPROPRIATION FOR ANY OF THESE
PURPOSES.

(E) AUDITS.

(1)    THE LEGISLATIVE AUDITOR SHALL AUDIT ALL
EXPENDITURES AND ACCOUNTS OF THE UNIVERSITY, IN ACCORDANCE
WITH ARTICLE 40, §§ 61B THROUGH 61E OF THE CODE.

(2)   (I) THE LEGISLATIVE AUDITOR MAY CONDUCT AN
ANNUAL FISCAL AND COMPLIANCE AUDIT OF THE ACCOUNTS AND
TRANSACTIONS OF THE UNIVERSITY HOSPITAL INSTEAD OF
CONDUCTING THESE AUDITS ON A BIENNIAL BASIS.

(II) OFFICIALS OF THE UNIVERSITY HOSPITAL SHALL