Section 5-314 - Use of Fund. - Maryland Statutes

§ 5-314. Use of Fund.
 

(a)  In general.- The Department may use money in the Fund to: 

(1) provide financial assistance to eligible applicants; and 

(2) pay expenses for administrative, actuarial, legal, and technical services for the Fund. 

(b)  Review of portfolio.- The Department periodically shall review its portfolio in an effort to ensure: 

(1) the equitable distribution among the counties of money from the Fund; 

(2) adequate funding for qualified distressed county projects; and 

(3) that no particular qualified distressed county benefits disproportionately from financial assistance to qualified distressed counties under this subtitle. 
 

[An. Code 1957, art. 83A, § 5-1405(a), (i); 2008, ch. 306, § 2.]