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§ 11-611. Appropriations in State budget

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 6. Mortgage Loan Originators (Refs & Annos)
MD Code, Financial Institutions, § 11-611
§ 11-611. Appropriations in State budget
In general
(a) Beginning in fiscal year 2006, the Governor shall appropriate in the annual State budget funds to the Division of Financial Regulation for the purpose of creating necessary positions to implement the provisions of this subtitle.
Repayment of Governor’s appropriation
(b) An amount equal to the Governor's appropriation under subsection (a) of this section shall be repaid by the Fund to the General Fund of the State on or before June 30, 2008.

Credits

Added by Acts 2005, c. 590, § 1, eff. Oct. 1, 2005.
MD Code, Financial Institutions, § 11-611, MD FIN INST § 11-611
Current through all legislation from the 2020 Regular Session of the General Assembly.
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