State Codes and Statutes
Statutes > Maryland > Business-regulation > Title-2 > 2-106§ 2-106. Licensing Testing Fund.
(a) Established.- There is a Licensing Testing Fund for the Department.
(b) Composition.- The Secretary shall ensure that each unit in the Department that collects fees for a licensing examination given by a national testing association pays all of the fees into the Licensing Testing Fund.
(c) Use; reversion of funds.-
(1) The Licensing Testing Fund shall be used to pay the money that the Department owes to a national testing association.
(2) At the end of each fiscal year, any money in the Licensing Testing Fund that is not needed under paragraph (1) of this subsection reverts to the General Fund of the State.
[An. Code 1957, art. 41, § 8-104; 1992, ch. 4, § 2.]
