Volume 771, Page 514 View pdf image |
Ch. 3 LAWS OF MARYLAND REVISOR'S NOTE: This section is new language derived Defined terms: "Association" § 11-101 "Board" § 11-101 "License" § 11-101 "Pilot" § 11-101 "Provide pilotage" § 11-101 11-506. DISTRIBUTION OF FEES. (A) IN GENERAL. EACH MONTH, THE ASSOCIATION SHALL DISTRIBUTE THE PILOTAGE (1) WITHIN 10 DAYS AFTER THE CLOSE OF EACH MONTH, THE (2) THE BALANCE OF THE PILOTAGE FEES COLLECTED SHALL (I) FIRST, USED BY THE ASSOCIATION TO PAY ITS (II) SECOND, PAID TO THE MAINTENANCE AND (III) FINALLY, IN ACCORDANCE WITH THE BYLAWS OF (B) INACTIVE AND PERMANENTLY DISABLED PILOTS. (1) THE AMOUNT TO BE PAID BY THE ASSOCIATION TO THE (I) DETERMINING THE GREATER OF: 1. $200; OR 2. ONE-THIRD OF THE SHARE PAYABLE UNDER (II) MULTIPLYING THE FIGURE DETERMINED UNDER - 514 -
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Volume 771, Page 514 View pdf image |
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