Section 11-403 – Disposition of Money and Property
The Corporation shall accept and use any money or property received by gift, devise, bequest, or otherwise to further the purposes of this title.
Section 11-404 – Issuance of Stock Prohibited
The Corporation may not issue stock or declare or pay dividends.
Section 11-405 – Restrictions on Disposition of Corporate Earnings
(a) (1) This subsection does not apply to reasonable compensation paid for services rendered to or for the Corporation. (2) Net earnings of the Corporation may not inure to the benefit of any individual. (b) An individual may not share in the distribution of corporate assets on dissolution of the Corporation.
Section 11-406 – Disposition of Assets on Liquidation
On the liquidation, dissolution, or winding up of the Corporation, after payment of the obligations and liabilities of the Corporation, all of the assets of the Corporation shall be transferred to one or more corporations or associations that: (1) have a character or purpose similar to the Corporation’s; (2) are selected by the Board; and (3) qualify under […]
Section 11-407 – Annual Audits
(a) (1) The accounts of the Corporation shall be audited annually. (2) The audits shall be conducted in accordance with generally accepted auditing standards by an independent certified public accountant. (b) (1) An audit under this section shall be conducted where the accounts of the Corporation are normally kept. (2) If owned or in use by the Corporation and necessary to […]
Section 11-408 – Audits by Legislative Auditor
(a) (1) The audit authorized by this section is in addition to the annual audit required by § 11-407 of this subtitle. (2) For any fiscal year during which State funds are available to finance any portion of the operations of the Corporation, the Legislative Auditor may audit the financial transactions of the Corporation. (b) (1) An audit under this […]
Section 11-501 – Financial Assistance to Grantees
The Corporation shall make grants of financial assistance to grantees for the purpose of providing legal assistance to eligible clients.
Section 11-502 – Grants
(a) The Corporation shall ensure that grants and contracts are made to: (1) provide the most stable, economical, and effective delivery of legal assistance; and (2) provide access to legal assistance to eligible clients in all areas of the State. (b) The Corporation may not use a political test or political qualifications to select or monitor a grantee under […]
Section 11-503 – Duties of Grantees
(a) In applying for and spending grant money from the Corporation, grantees shall consider the relative needs for service of clients, particularly the needs of eligible clients who have special difficulties of access to legal services or who have special legal problems, including elderly individuals and individuals with disabilities. (b) Funds provided to grantees under this title […]
Section 11-504 – Reports and Records
(a) The Corporation may require a grantee to submit any reports the Corporation considers necessary regarding activities carried out under this title. (b) (1) The Corporation may require grantees to keep records regarding funds provided by the Corporation. (2) The Corporation shall have access to the records at all reasonable times to ensure compliance with the grant or contract […]