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Maryland Code, Business Regulation § 2-106.2

Current as of January 01, 2025 | Updated by Findlaw Staff

(a)(1) In consultation with each board described in § 2-106.1 of this subtitle, the Secretary shall annually calculate the direct and indirect costs attributable to each board.

(2) Each board shall establish fees based on the calculations provided by the Secretary under this section.

(3) Each fee established by an individual board may not be increased annually by more than 12.5% of the existing and corresponding fee of the board.

(b) In order to establish fees that more equitably distribute the costs associated with the operation of each board among similar boards, the Secretary may average the direct and indirect costs of one or more boards provided that the boards consent to having their direct and indirect costs averaged together.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 2-106.2 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-2-106-2/

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