Md. Code, State Fin. & Proc. § 4-507

Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
Section 4-507 - Proceeds from trade-in

If the Department trades in surplus personal property for a replacement for the unit of the State government that declared the item excess, the Department shall give credit to that unit in the form of a reduced cost for the replacement property.

Md. Code, SF § 4-507