HARRY HUGHES, Governor

993

2. CONFORM TO GENERALLY ACCEPTED
ACCOUNTING PRINCIPLES.

(B.) SCOPE OF SECTION.

THIS SECTION DOES NOT APPLY TO:

(1)  A DENTIST; ,

(2)  A HOSPITAL THAT THE STATE HEALTH SERVICES COST
REVIEW COMMISSION REGULATES;

(3), A PHARMACIST; OR

(4) A PHYSICIAN.

(C)  CONTRACTS.

(1) THIS SUBSECTION APPLIES ONLY TO A CONTRACT FOR
THE PROVISION OF HEALTH OR SOCIAL WELFARE SERVICES BETWEEN:

(I)  A UNIT OF THE STATE GOVERNMENT; AND

(II)  A HEALTH OR SOCIAL WELFARE ORGANIZATION OR
AN INDIVIDUAL.

(2)  A CONTRACT WITH AN INDIVIDUAL WHO IS A MARYLAND
RESIDENT OR WITH A HEALTH OR SOCIAL WELFARE ORGANIZATION
INCORPORATED UNDER THE LAWS OF THIS STATE SHALL REQUIRE THE
INDIVIDUAL OR THE HEALTH OR SOCIAL WELFARE ORGANIZATION TO KEEP
FINANCIAL RECORDS IN ACCORDANCE WITH UNIFORM ACCOUNTING
STANDARDS.

(3)  A CONTRACT WITH ANY OTHER INDIVIDUAL OR PRIVATE
HEALTH OR SOCIAL WELFARE ORGANIZATION MAY REQUIRE THE INDIVIDUAL
OR PRIVATE HEALTH OR SOCIAL WELFARE ORGANIZATION TO KEEP
FINANCIAL RECORDS IN ACCORDANCE WITH UNIFORM ACCOUNTING
STANDARDS.

(D)  GRANTS.

A UNIT OF THE STATE GOVERNMENT THAT MAKES A. GRANT TO A
PRIVATE HEALTH OR SOCIAL WELFARE ORGANIZATION SHALL REQUIRE THE
PRIVATE HEALTH OR SOCIAL WELFARE ORGANIZATION TO KEEP FINANCIAL
RECORDS IN ACCORDANCE WITH UNIFORM ACCOUNTING STANDARDS.

(E)  FINANCIAL RECORDS.

A UNIT OF THE STATE GOVERNMENT MAY NOT REQUIRE AN INDIVIDUAL
OR A PRIVATE HEALTH OR SOCIAL WELFARE ORGANIZATION TO KEEP
FINANCIAL RECORDS IN A MANNER THAT IS INCONSISTENT WITH UNIFORM
ACCOUNTING STANDARDS.

(F)  EXAMINATIONS OF FINANCIAL RECORDS.