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Maryland Code, Natural Resources § 3-2A-03

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

(a) All receipts designated for the Grant Fund shall be placed in the Grant Fund held by the Department and administered by the Trust, including:

(1) Money appropriated by the State to the Grant Fund;

(2) Premiums, fees, and payments on reimbursement of grants, where required;

(3) Income from investments that the State Treasurer, on instruction of the Department, makes for the Department under this subtitle; and

(4) Any other money made available to the Grant Fund.

(b) Any unspent money in the Grant Fund at the end of the fiscal year shall remain in the Grant Fund and may not revert to the General Fund of the State.

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Cite this article: FindLaw.com - Maryland Code, Natural Resources § 3-2A-03 - last updated January 01, 2025 | https://codes.findlaw.com/md/natural-resources/md-code-nat-res-sect-3-2a-03/

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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