# COMAR 24.05.22.04: COMAR 24.05.22.04. Application — Authority Review

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_04

## Section

- **Citation:** COMAR 24.05.22.04
- **Heading:** COMAR 24.05.22.04. Application — Authority Review
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 24 DEPARTMENT OF COMMERCE / Subtitle 05 ECONOMIC DEVELOPMENT / Chapter 22 Maryland E-Nnovation Initiative Program / COMAR 24.05.22.04

## Text

A. The Authority shall review each application for compliance with the Act and this chapter. If the Authority determines that an application is not responsive to the requirements under Regulation .03 of this chapter , the Authority shall notify the nonprofit institution of higher education of the deficiency, and the nonprofit institution of higher education shall have 5 business days to cure the deficiency.
B. The Authority shall provide notice to a nonprofit institution of higher education of the Authority’s approval or rejection of an application, including the research endowment plan submitted with the application, and any allocation of matching funds under the Program within 60 days after the Authority has deemed the application complete. If an application is not approved, the notice from the Authority shall include the reason(s) the application could not be approved.
C. The Authority shall encumber the matching funds allocated to a nonprofit institution of higher education at the time the Authority approves an application. Subject to Regulation .08 of this chapter , Program funds are encumbered once the agreement for distribution of matching funds under the Program is fully executed and the funds shall remain encumbered.

## Nearby sections

- [COMAR 24.05.22.01 COMAR 24.05.22.01. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_01.md)
- [COMAR 24.05.22.02 COMAR 24.05.22.02. Designated Fields of Scientific and Technical Fields of Study; Expenditure of Endowment Proceeds](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_02.md)
- [COMAR 24.05.22.03 COMAR 24.05.22.03. Application — Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_03.md)
- [COMAR 24.05.22.04 COMAR 24.05.22.04. Application — Authority Review](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_04.md)
- [COMAR 24.05.22.05 COMAR 24.05.22.05. Research Endowment Plan — Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_05.md)
- [COMAR 24.05.22.06 COMAR 24.05.22.06. Distributions — Documentation Required](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_06.md)
- [COMAR 24.05.22.07 COMAR 24.05.22.07. Distributions — Authority Review](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_07.md)
- [COMAR 24.05.22.08 COMAR 24.05.22.08. Reallocation of Funds](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_08.md)
- [COMAR 24.05.22.09 COMAR 24.05.22.09. Reporting Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_09.md)
- [COMAR 24.05.22.10 COMAR 24.05.22.10. Audits and Inquiries](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_10.md)
- [COMAR 24.05.22.11 COMAR 24.05.22.11. Noncompliance with Approved Research Endowment Plan](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_11.md)
- [COMAR 24.05.22.12 COMAR 24.05.22.12. Waiver](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_24_05_22_04. Check the current official text before relying on it. Not legal advice.