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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 3. UNINSURED EMPLOYERS' FUND |
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PART IV. PURPOSE AND ADMINISTRATION OF FUND |
§ 10-320. Annual reports
Latest version.
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(a) Statement of State Treasurer. -- The State Treasurer annually shall submit to the Director for the Fund a statement that:
(1) for the fiscal year for which the statement is made:
(i) states the balance of the Fund on the last day of the year;
(ii) states the income of the Fund; and
(iii) summarizes the payments from the Fund; and
(2) states the balance of the Fund on the last day of the preceding fiscal year.
(b) Report of Board. -- On or before October 1 of each year, the Board shall submit to the Governor an annual report that includes a detailed statement of the balances and expenses of the Fund.