PARRIS N. GLENDENING, Governor H.B. 368
(2) THE TERMS AND CONDITIONS GOVERNING REMITTANCE OF
PAYMENTS;
(3) PROVISIONS GOVERNING LATE PAYMENTS AND DEFAULTS;
(4) PENALTY PROVISIONS GOVERNING EARLY WITHDRAWALS FROM
THE FUND;
(5) THE NAME AND DATE OF BIRTH OF THE QUALIFIED BENEFICIARY;
(6) THE NAME OF ANY PERSON WHO MAY TERMINATE THE ADVANCE
PAYMENT CONTRACT;
(7) THE CONDITIONS UNDER WHICH AN ADVANCE PAYMENT
CONTRACT MAY BE TERMINATED;
(8) THE NAME OF THE PERSON ENTITLED TO ANY REFUND;
(9) THE TERMS AND CONDITIONS GOVERNING THE AMOUNT OF ANY
REFUND;
(10) THE TIME LIMITATIONS WITHIN WHICH THE QUALIFIED
BENEFICIARY SHALL CLAIM BENEFITS UNDER THE PROGRAM; AND
(11) ANY ADDITIONAL TERMS AND CONDITIONS THAT THE BOARD
CONSIDERS APPROPRIATE.
(C) THE BOARD MAY PROVIDE ADVANCE PAYMENT CONTRACTS FOR
PARTIAL FUTURE EDUCATION COSTS.
(D) NOTHING IN TIES SUBTITLE OR IN AN ADVANCE PAYMENT CONTRACT
MAY BE CONSTRUED TO GUARANTEE ACCEPTANCE INTO ANY ELIGIBLE
INSTITUTION OR AVAILABILITY OF ANY PROGRAM OR DORMITORY FACILITY.
18-2110.
(A) ADVANCE PAYMENT CONTRACTS SHALL BE AVAILABLE FOR THREE
INDEPENDENT PLANS TO BE KNOWN AS:
(1) THE COMMUNITY COLLEGE PLAN;
(2) THE UNIVERSITY PLAN; AND
(3) THE DORMITORY RESIDENCE PLAN.
(B) (1) AN ADVANCE PAYMENT CONTRACT FOR THE COMMUNITY COLLEGE
PLAN SHALL PROVIDE PREPAID REGISTRATION FEES FOR A SPECIFIED NUMBER OF
UNDERGRADUATE SEMESTER CREDIT HOURS NOT TO EXCEED THE AVERAGE
NUMBER OF HOURS REQUIRED FOR THE CONFERENCE OF AN ASSOCIATE DEGREE.
(2) THE COST OF PARTICIPATION IN THE COMMUNITY COLLEGE PLAN
SHALL BE BASED PRIMARILY ON THE AVERAGE CURRENT AND PROJECTED
REGISTRATION FEES FOR STATE COMMUNITY COLLEGES AND THE NUMBER OF
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