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§ 10-1807. Waste Kitchen Grease Fund

West's Annotated Code of MarylandAgricultureEffective: July 1, 2011

West's Annotated Code of Maryland
Agriculture
Title 10. Promotion and Identification of Agricultural Products
Subtitle 18. Waste Kitchen Grease (Refs & Annos)
Effective: July 1, 2011
MD Code, Agriculture, § 10-1807
§ 10-1807. Waste Kitchen Grease Fund
Establishment
(a) There is a Waste Kitchen Grease Fund.
Administration
(b) The Department shall administer the Fund.
Fund; holding; accounting
(c)(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.
Content
(d) The Fund consists of:
(1) Money appropriated in the State budget to the Fund;
(2) Money received from any public or private source;
(3) Interest and investment earnings on the Fund; and
(4) Fees collected under this subtitle.
Uses
(e) The Fund may be used only to implement this subtitle.
Investments
(f)(1) The State Treasurer shall invest and reinvest the money of the Fund in the same manner as other State money may be invested.
(2) Any investment earnings of the Fund shall be paid into the Fund.

Credits

Added by Acts 2011, c. 261, § 1, eff. July 1, 2011; Acts 2011, c. 262, § 1, eff. July 1, 2011.
MD Code, Agriculture, § 10-1807, MD AGRIC § 10-1807
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.
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