Section 2-114 - Disposition of money. - Maryland Statutes

§ 2-114. Disposition of money.
 

(a)  Moneys considered general funds of State.- The following moneys shall be considered general funds of the State: 

(1) except as provided under § 6-107 of this article, revenue received under Title 6, Subtitle 1 of this article; 

(2) all revenue received under §§ 3-324, 4-209, 6-303, and 6-304 of this article; and 

(3) all penalties imposed by the Commissioner, including the following penalties imposed under: 

(i) §§ 4-113(d), 4-212, 10-126(c), 11-232, 14-140, 23-208, 23-506, 26-502, 27-305, and 27-408 of this article; and 

(ii) § 19-730 of the Health - General Article. 

(b)  Moneys not considered general funds of State.- The following moneys may not be considered general funds of the State and shall be deposited into the Insurance Regulation Fund established under Subtitle 5 of this title: 

(1) all revenue received through the imposition and collection of the assessment fee under Subtitle 5 of this title; 

(2) all revenue received through the imposition and collection of the fees set forth in § 2-112 of this subtitle; 

(3) all revenue received through the imposition and collection of the fraud prevention fee under Title 6, Subtitle 2 of this article; 

(4) all revenue received through the collection of examination expenses under § 2-208 of this title; 

(5) except as provided under subsection (a) of this section, all other fees received through the imposition and collection of fees set forth in this article; and 

(6) income from investments that the State Treasurer makes for the Insurance Regulation Fund. 
 

[An. Code 1957, art. 48A, § 33A; 1995, ch. 36; 1996, ch. 60; 1997, ch. 70, § 1; ch. 649; 1998, ch. 111, § 2; ch. 112, § 2; ch. 774, § 2; 2002, ch. 317, § 2; 2003, ch. 21, § 7.]