State Codes and Statutes

Statutes > Maryland > State-government > Title-7 > Subtitle-2 > 7-216-1

§ 7-216.1. Special fund.
 

(a)  Established.- There is a special fund in the Division of State Documents. 

(b)  Purpose.- The purpose of the fund is to pay the costs of publishing and distributing the products of the Division. 

(c)  Administration.- The Administrator of the Division shall administer the fund. 

(d)  Status; management.-  

(1) The fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article. 

(2) The Treasurer shall hold the fund separately and the Comptroller shall account for the fund. 

(e)  Composition of fund.- The fund consists of revenue received by the Division in payment of its products. 

(f)  Use of moneys.- The fund may be used only for the expenses of production and distribution of its products and to support the operations of the Division. 

(g)  Investment and earnings.-  

(1) The Treasurer shall invest the money in the fund in the same manner as other State money may be invested. 

(2) Any investment earnings in the fund shall be credited to the General Fund of the State. 

(h)  Expenditures.- Expenditures from the fund may be made only in accordance with the State budget. 

(i)  Fund is supplemental to other funding.- Money expended from the fund for the production and distribution of the Division's products is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for the production and distribution of the Division's products. 
 

[2005, ch. 90.] 
 

State Codes and Statutes

Statutes > Maryland > State-government > Title-7 > Subtitle-2 > 7-216-1

§ 7-216.1. Special fund.
 

(a)  Established.- There is a special fund in the Division of State Documents. 

(b)  Purpose.- The purpose of the fund is to pay the costs of publishing and distributing the products of the Division. 

(c)  Administration.- The Administrator of the Division shall administer the fund. 

(d)  Status; management.-  

(1) The fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article. 

(2) The Treasurer shall hold the fund separately and the Comptroller shall account for the fund. 

(e)  Composition of fund.- The fund consists of revenue received by the Division in payment of its products. 

(f)  Use of moneys.- The fund may be used only for the expenses of production and distribution of its products and to support the operations of the Division. 

(g)  Investment and earnings.-  

(1) The Treasurer shall invest the money in the fund in the same manner as other State money may be invested. 

(2) Any investment earnings in the fund shall be credited to the General Fund of the State. 

(h)  Expenditures.- Expenditures from the fund may be made only in accordance with the State budget. 

(i)  Fund is supplemental to other funding.- Money expended from the fund for the production and distribution of the Division's products is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for the production and distribution of the Division's products. 
 

[2005, ch. 90.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > State-government > Title-7 > Subtitle-2 > 7-216-1

§ 7-216.1. Special fund.
 

(a)  Established.- There is a special fund in the Division of State Documents. 

(b)  Purpose.- The purpose of the fund is to pay the costs of publishing and distributing the products of the Division. 

(c)  Administration.- The Administrator of the Division shall administer the fund. 

(d)  Status; management.-  

(1) The fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article. 

(2) The Treasurer shall hold the fund separately and the Comptroller shall account for the fund. 

(e)  Composition of fund.- The fund consists of revenue received by the Division in payment of its products. 

(f)  Use of moneys.- The fund may be used only for the expenses of production and distribution of its products and to support the operations of the Division. 

(g)  Investment and earnings.-  

(1) The Treasurer shall invest the money in the fund in the same manner as other State money may be invested. 

(2) Any investment earnings in the fund shall be credited to the General Fund of the State. 

(h)  Expenditures.- Expenditures from the fund may be made only in accordance with the State budget. 

(i)  Fund is supplemental to other funding.- Money expended from the fund for the production and distribution of the Division's products is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for the production and distribution of the Division's products. 
 

[2005, ch. 90.]