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Ch. 125
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2007 Laws of Maryland
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used for certain grants; providing that it is the intent of the General Assembly
that if certain funding is terminated or reduced below a certain level, the
Governor shall include a certain appropriation in the annual budget bill; and
generally relating to disbursements and use of unclaimed restitution.
BY repealing and reenacting, without amendments,
Article - Commercial Law
Section 17-101(c)
Annotated Code of Maryland
(2005 Replacement Volume and 2006 Supplement)
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 17-317
Annotated Code of Maryland
(2005 Replacement Volume and 2006 Supplement)
BY repealing and reenacting, with amendments,
Article - Criminal Procedure
Section 11-919
Annotated Code of Maryland
(2001 Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Commercial Law
17-101.
(c) "Administrator" means the State Comptroller.
17-317.
(a) (1) All funds received under this title, including the proceeds of the
sale of abandoned property under § 17-316 of this subtitle, shall be credited by the
Administrator to a special fund. The Administrator shall retain in the special fund at
the end of each fiscal year, from the proceeds received, an amount not to exceed
$50,000, from which sum the Administrator shall pay any claim allowed under this
title.
(2) After deducting all costs incurred in administering this title from
the remaining net funds the Administrator shall distribute $500,000 to the Maryland
Legal Services Corporation to support the activities of the corporation.
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- 1166 -
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