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Section 7-303 - Encumbered Balances — Maryland Law | CourtGPT
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  8. Section 7-303 - Encumbered Balances
Maryland Legal Code

Section 7-303 - Encumbered Balances

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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.