(3) (i)] (I) (1) Title 12, Subtitle 1 of the State Government Article
("Maryland Tort Claims Act") applies to claims or actions against the .University
System of Maryland and its employees.

[(h)] (2) Subject to all exclusions and limitations in that subtitle,
the immunity of the University System of Maryland is waived to the extent of any
insurance coverage purchased under this subsection. APPLICABLE LIABILITY
INSURANCE PURCHASED BY THE UNIVERSITY OR THE STATE TREASURER.

[(4)] (3) Nothing in this subsection shall be construed to waive or
abrogate sovereign immunity with respect to any claim that is not covered by or
exceeds the limits of an insurance policy.

[(5)] (4) Nothing in this subsection shall be construed to waive or
abrogate the immunity of the University System of Maryland under the Eleventh
Amendment to the United States Constitution.

[(h)] (J) (1) Subject to Title 10, Subtitle 5 of the State Government Article
("Open Meetings" Law), the Board may make rules and regulations, and prescribe
policies and procedures, for the management, maintenance, operation, and control of
the University System of Maryland.

(2) Except with respect to [classified employee] grievance appeals
INVOLVING EMPLOYEES IN POSITIONS DESIGNATED BY THE BOARD OF REGENTS AS
COMPARABLE TO SKILLED SERVICE AND PROFESSIONAL SERVICE POSITIONS IN THE
STATE PERSONNEL MANAGEMENT SYSTEM UNDER TITLE 13, SUBTITLE 2 OF THIS
ARTICLE, Title 10, Subtitles 1 and 2 of the State Government Article ("Administrative
Procedure Act") are not applicable to the [Board of Regents] UNIVERSITY.

[(i)] (K) (1) Except as provided in subsections [(e) and] (0 AND (G) of this
section, the Board:

(I) [may] MAY delegate any part of its authority over the affairs of
the [constituent institutions and centers] UNIVERSITY to the Chancellor or the
Presidents, or to any advisory bodies that the Board establishes under § 12-201 of
this title; AND

(II) CONSISTENT WITH THE GOALS, OBJECTIVES, AND PRIORITIES
OF THE BOARD OF REGENTS AND ITS LEGAL RESPONSIBILITY FOR THE EFFICIENT
MANAGEMENT OF THE UNIVERSITY, SHALL DELEGATE TO THE PRESIDENT OF EACH
CONSTITUENT INSTITUTION AUTHORITY NEEDED TO MANAGE THAT INSTITUTION.
INCLUDING AUTHORITY TO MAKE AND IMPLEMENT POLICIES PROMOTING THE
MISSION OF THAT INSTITUTION, INCLUDING THE AUTHORITY TO ESTABLISH
POLICIES APPROPRIATE TO THE RESTITUTION'S MISSION, SIZE, LOCATION, AND
FINANCIAL RESOURCES.

(2) Any delegation of authority may be modified or rescinded by the
Board of Regents at any time in whole or in part.

(3) THE BOARD OF REGENTS SHALL DEVELOP POLICIES AND
GUIDELINES THAT: