(a)
- (1) The Fund is a special continuing, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
- (2) The Treasurer shall separately hold and the Comptroller shall account for the Fund.
- (3) The Comptroller shall make payments from the Fund that the Board approves.
(b)
- (1) The Fund shall be invested and reinvested in the same manner as other State funds.
- (2) Any investment earnings shall be credited to the Fund.
- (c) This section does not prohibit the Fund from receiving money from any source.
Added by Acts 2001, c. 10, § 2, eff. Oct. 1, 2001.
Formerly Art. 27, §§ 830, 854.