Section 5-312 - Administration.
§ 5-312. Administration.
(a) In general.- The Secretary shall administer the Fund.
(b) Nature of Fund; accounting.-
(1) The Fund is a special, nonlapsing fund that is not subject to reversion under § 7-302 of the State Finance and Procurement Article.
(2) The Treasurer shall hold the Fund separately and the Comptroller shall account for the Fund.
(c) Investment earnings.- Any investment earnings of the Fund shall be credited to the Fund.
[An. Code 1957, art. 83A, § 5-1404(a), (b); 2008, ch. 306, § 2.]