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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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LABOR AND EMPLOYMENT |
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TITLE 10. FUNDS |
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SUBTITLE 2. SUBSEQUENT INJURY FUND |
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PART IV. PURPOSE AND ADMINISTRATION OF FUND |
§ 10-214. Composition; use
Latest version.
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(a) Composition. -- The Fund shall consist of:
(1) the money credited to the Fund under Title 9 of this article;
(2) income from investments that the State Treasurer makes for the Fund;
(3) interest on deposits or investments of money from the Fund;
(4) money that the Fund acquires by gift; and
(5) money that the federal government pays as reimbursement for a payment from the Fund.
(b) Additional assets. -- The Fund shall include each security that the Fund acquires.
(c) Use. -- The Fund shall be used to pay:
(1) each award under Title 9 of this article charged against the Fund; and
(2) other expenses authorized in the State budget.