Md. Code Ann., Ins. § 2-114
Moneys considered general funds of State
Effective Jul 1, 2002Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1996, c. 60, § 1, eff. Oct. 1, 1997; Acts 1997, c. 70, § 1, eff. Oct. 1, 1997; Acts 1997, c. 649, § 2, eff. Oct. 1, 1997; Acts 1998, c. 111, § 2, eff. June 1, 1998; Acts 1998, c. 112, § 2, eff. June 1, 1998; Acts 1998, c. 774, § 2, eff. July 1, 1999; Acts 2002, c. 317, § 2, eff. July 1, 2002.State of Maryland
(a) The following money shall be considered general funds of the State:
- (1) except as provided under § 6-107 of this article, revenue received under Title 6, Subtitle 1 of this article;
- (2) all revenue received under §§ 3-324, 4-209, 6-303, and 6-304 of this article; and
(3) all penalties imposed by the Commissioner, including the following penalties imposed under:
- (i) §§ 4-113(d), 4-212, 10-126(c), 11-232, 14-140, 23-208, 23-506, 26-502, 27-305, and 27-408 of this article; and
- (ii) § 19-730 of the Health-General Article.
(b) The following money may not be considered general funds of the State and shall be deposited into the Insurance Regulation Fund established under Subtitle 5 of this title:
- (1) all revenue received through the imposition and collection of the assessment fee under Subtitle 5 of this title;
- (2) all revenue received through the imposition and collection of the fees set forth in § 2-112 of this subtitle;
- (3) all revenue received through the imposition and collection of the fraud prevention fee under Title 6, Subtitle 2 of this article;
- (4) all revenue received through the collection of examination expenses under § 2-208 of this title;
- (5) except as provided under subsection (a) of this section, all other fees received through the imposition and collection of fees set forth in this article; and
- (6) income from investments that the State Treasurer makes for the Insurance Regulation Fund.
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1996, c. 60, § 1, eff. Oct. 1, 1997; Acts 1997, c. 70, § 1, eff. Oct. 1, 1997; Acts 1997, c. 649, § 2, eff. Oct. 1, 1997; Acts 1998, c. 111, § 2, eff. June 1, 1998; Acts 1998, c. 112, § 2, eff. June 1, 1998; Acts 1998, c. 774, § 2, eff. July 1, 1999; Acts 2002, c. 317, § 2, eff. July 1, 2002.
Formerly Art. 48A, § 33A.