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Section 4-314 - Higher Education Investment Contracts — Maryland Law | CourtGPT
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  8. Section 4-314 - Higher Education Investment Contracts
Maryland Legal Code

Section 4-314 - Higher Education Investment Contracts

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(a) Subject to subsection (b) of this section, a custodian shall deny inspection of any record disclosing: (1) the name of an account holder or a qualified beneficiary of a prepaid contract under Title 18, Subtitle 19 of the Education Article; or (2) the name of an account holder or a qualified designated beneficiary of an investment account under Title 18, Subtitle 19A of the Education Article. (b) A custodian: (1) shall allow inspection by a person in interest; and (2) may release information to an eligible institution of higher education designated: (i) by an account holder of a prepaid contract or a qualified beneficiary under Title 18, Subtitle 19 of the Education Article; or (ii) by an account holder or a qualified designated beneficiary under Title 18, Subtitle 19A of the Education Article.