Md. Code, Nat. Res. § 3-2A-04
Md. Code, Nat. Res. § 3-2A-04
Maryland · Maryland Code, Natural Resources · Status: effective
Cite this
- Citation
- Md. Code, Nat. Res. § 3-2A-04, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1783360
- Permanent ID
ys:prov:1783360@1- SHA-256
a94682fd2304616d8a1030ae09dad184f0f18760af673fecf57679ecf8463074
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If, at any time, the amount of money in the Grant Fund exceeds the amount that the Trust considers necessary currently to meet its expenses and obligations, the Department shall deposit the excess money with the State Treasurer, who shall invest the money in the manner provided for by law.
(b) Annually, the State Treasurer shall report to the Department as to:
(1) The status of the money invested under this subtitle;
(2) The market value of the assets in the Grant Fund as of the date of the report; and
(3) The interest received from investments for the Grant Fund during the period covered by the report.