§ 5-425. Composition  


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  •    (a) In general. -- The Fund is a continuing, nonlapsing fund that is not subject to reversion under § 7-302 of the State Finance and Procurement Article.

    (b) Contents. -- The Fund consists of:

       (1) money appropriated in the State budget to the Fund;

       (2) premiums, fees, and any other money received by the Authority with respect to financial assistance provided by the Authority from the Fund;

       (3) proceeds from the sale, lease, or other disposition of property of the Authority;

       (4) interest received from linked deposits made from the Linked Deposit Program under Part VI of this subtitle; and

       (5) any other money made available under this subtitle.


HISTORY: An. Code 1957, art. 83A, § 5-914(b); 2008, ch. 306, § 2.