Ch. 11                                      1996 LAWS OF MARYLAND

of TR § 17-106(e)(2), which requires that the Fund receive certain penalties
imposed for the termination or lapse of required security for a vehicle during
its registration year.

In subsection (c)(1) of this section, the reference to "the moneys collected by
or for the Fund" is substituted for the former reference to "such revenues" for
clarity.

In subsection (c)(2)(i) of this section, the reference to "moneys" is substituted
for the former reference to "funds" for clarity.

In subsection (c)(2)(ii) of this section, the former reference to "[f]unds" is
deleted as surplusage in light of the reference to "premiums".

In subsection (c)(2)(iii) of this section, the reference to "unsatisfied claims
under Subtitle 6 of this title" is substituted for the former vague reference to
"uninsured claims" for clarity.

Defined terms: "Association member" § 20-101
"Fund" § 20-101
"Insurer" § 1-101
"Person" §§ 1-101 and 20-101
"Policy" § 1-101
"Premium" § 1-101

20-302. SPECIAL FUND ACCOUNT.

(A)     IN GENERAL.

, THE ACCOUNT OF THE FUND IS A SPECIAL FUND ACCOUNT AND IS NOT A PART
OF THE STATE TREASURY.

(B)     GENERAL FUND APPROPRIATIONS PROHIBITED.

THE STATE MAY NOT PROVIDE GENERAL FUND APPROPRIATIONS TO THE
FUND.

(C)     STATUS OF DEBTS AND OBLIGATIONS.

THE DEBTS AND OBLIGATIONS OF THE FUND ARE NOT A DEBT OF THE STATE
OR A PLEDGE OF THE CREDIT OF THE STATE.

REVISOR'S NOTE: This section is new language derived without substantive
change from the fourth and fifth sentences of former Art. 48A, § 243A(a).

In subsection (c) of this section, the former phrase "in any manner" is deleted
as surplusage.

Defined term: "Fund" § 20-101

20-303. MANAGEMENT AND INVESTMENT OF MONEYS.

(A) FINANCIAL MANAGEMENT COMMITTEE.

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