§ 8.3-502

Md. Code Ann., Lab. & Empl. § 8.3-502

Administration and nature of fund

Effective Jan 1, 2023Added by Acts 2022, c. 48, § 1, eff. Jan. 1, 2023.State of Maryland

(a) The Secretary shall administer the Fund.
(b) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(c) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.

Added by Acts 2022, c. 48, § 1, eff. Jan. 1, 2023.