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§ 10-1002. Seafood and Aquaculture Products Marketing Fund

West's Annotated Code of MarylandAgricultureEffective: July 1, 2017

West's Annotated Code of Maryland
Agriculture
Title 10. Promotion and Identification of Agricultural Products
Subtitle 10. Seafood Marketing and Aquaculture Development Program and Division of Market Development (Refs & Annos)
Effective: July 1, 2017
MD Code, Agriculture, § 10-1002
Formerly cited as NAT RES § 4-11B-02
§ 10-1002. Seafood and Aquaculture Products Marketing Fund
Currentness
“Fund” defined
(a) In this section, “Fund” means the Seafood and Aquaculture Products Marketing Fund.
Establishment of Fund
(b) There is a Seafood and Aquaculture Products Marketing Fund.
Purpose
(c) The purpose of the Fund is to facilitate the marketing of seafood and aquaculture products.
Administration
(d) The Secretary shall administer the Fund.
Nature of Fund
(e)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(2) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
Source of funds
(f) The Fund may receive proceeds from activities conducted by the Seafood and Aquaculture Products Marketing Program. These activities may include cookbook sales, poster sales, seafood festivals, and similar activities.
Composition
(g) The Fund consists of:
(1) Revenue distributed to the Fund under § 4-701 of the Natural Resources Article;
(2) Money appropriated in the State budget to the Fund;
(3) Proceeds from activities conducted by the Seafood and Aquaculture Products Marketing Program; and
(4) Any other money from any other source accepted for the benefit of the Fund.
Use
(h) The Fund may be used only for expenses related to seafood and aquaculture marketing.
Regulations
(i) The Secretary shall adopt regulations to administer the Fund.

Credits

Added as Agriculture § 10-1002 by Acts 1987, c. 311, § 1, eff. July 1, 1987. Amended by Acts 2005, c. 405, § 1, eff. June 1, 2005. Transferred to Natural Resources § 4-11B-02 by Acts 2011, c. 411, § 2, eff. July 1, 2011. Transferred to Agriculture § 10-1002 by Acts 2017, c. 101, § 1, eff. July 1, 2017. Amended by Acts 2017, c. 101, § 2, eff. July 1, 2017.
MD Code, Agriculture, § 10-1002, MD AGRIC § 10-1002
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document