Section 14-101 – Statement of Policy
(a) The State: (1) recognizes the declaration of the Joint Economic Committee of the Congress of the United States that broadening the ownership of capital and achieving full employment should be the twin pillars of economic policy; and (2) encourages the broadening of the base of capital ownership among greater numbers of the residents of the State through, […]
Section 14-102 – Report of Efforts Required
The Division of Labor and Industry of the Maryland Department of Labor and the Public Service Commission shall summarize their efforts to promote the policies related to broadening the ownership of capital in their respective annual reports as required by law.
Section 14-103 – Use of Minority Business Enterprises for Brokerage and Investment Management Services
(a) The Department shall attempt to use to the greatest extent feasible minority business enterprises to provide brokerage and investment management services for any fund established under this article consistent with minority business purchasing standards applicable to units of State government under the State Finance and Procurement Article and consistent with the fiduciary duties of the […]
Section 14-104 – Short Title
This subtitle may be cited as the Broadened Ownership Act.