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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The State Treasurer annually shall submit to the Director for the Fund a statement that:
(1) for the fiscal year for which the statement is made:
(i) states the balance of the Fund on the last day of the year;
(ii) states the income of the Fund; and
(iii) summarizes the payments from the Fund; and
(2) states the balance of the Fund on the last day of the preceding fiscal year.
(b) On or before October 1 of each year, the Board shall submit to the Governor and, subject to § 2-1257 of the State Government Article, the General Assembly an annual report that includes a detailed statement of the balances and expenses of the Fund.
Cite this article: FindLaw.com - Maryland Code, Labor and Employment § 10-320 - last updated January 01, 2025 | https://codes.findlaw.com/md/labor-and-employment/md-code-labor-and-emply-sect-10-320/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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