Section 7-405 - State funded corporations serving elderly or developmentally disabled subject to audit(a)(1) In this section the following words have the meanings indicated.(2) "Developmentally disabled individual" means a severe chronic disability of an individual that: (i) is attributable to a physical or mental impairment, other than the sole diagnosis of mental illness, or to a combination of mental and physical impairments;(ii) is manifested before the individual attains the age of 22;(iii) is likely to continue indefinitely;(iv) results in an inability to live independently without external support or continuing and regular assistance; and(v) reflects the need for a combination and sequence of special, interdisciplinary, or generic care, treatment, or other services that are individually planned and coordinated for the individual.(3) "Elderly individual" means an individual who is 60 years old or older.(b) In addition to any other requirement of this subtitle, each corporation that administers services to elderly or developmentally disabled individuals and receives funds from the State shall be subject to audit of its financial records by: (1) the State Comptroller; or(2) the State Legislative Auditor.(c) This section does not apply to services administered by a nonprofit hospital corporation.