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Ch. 244 2000 LAWS OF MARYLAND
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Annotated Code of Maryland
(1998 Replacement Volume and 1999 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Courts and Judicial Proceedings
13-601.
(a) In this subtitle the following words have the meanings indicated.
(b) "Administrator" means the State Court Administrator.
(c) "Fund" means the Circuit Court Real Property Records Improvement
Fund.
(d) "Recordable instrument" means:
(1) A deed, as defined in § 1-101 of the Real Property Article; and
(2) Any other instrument affecting property that may be recorded under
§ 3-102 of the Real Property Article.
13-602.
(a) (1) There is a Circuit Court Real Property Records Improvement Fund.
(2) There is an oversight committee composed of one representative from
each of the following:
(i) The Administrative Office of the Courts;
(ii) The Maryland State Archives;
(iii) The Circuit Court Clerks' Association;
(iv) The Maryland Land Title Association; and
(v) The Maryland State Bar Association.
(3) The Fund shall be managed and supervised by the State Court
Administrator, with advice from the oversight committee.
(4) The State Treasurer shall hold, and the State Comptroller shall
account for, the Fund.
(b) (1) The Fund shall be invested and reinvested in the same manner as
other State funds.
(2) Investment earnings of the Fund shall be paid into the Fund.
13-603.
(a) The Fund consists of:
(1) Surcharges collected under § 13-604 of this subtitle; and
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