Md. Code, State Fin. & Proc. § 7-303

Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
Section 7-303 - Encumbered balances

At the end of a fiscal year, the amount of the unspent part of an appropriation that is needed to meet unpaid obligations incurred during that fiscal year does not revert to the General Fund of the State.

Md. Code, SF § 7-303