<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 12-4 Disbursement of funds.">
  <section prefix="§" num="12-4" heading="Disbursement of funds.">
    <text>No monies shall be disbursed from the Fund except:</text>
    <para num="(1)">to pay casualty and liability losses, and such other categories of losses or obligations consistent with the insurance and risk management program purposes of the Fund as may be directed by law or by the Board of Estimates;</para>
    <para num="(2)">to pay insurance premiums; and</para>
    <para num="(3)">to cover the actual cost of administering the expenses related to a risk management program.</para>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 1, §198</annotation>
    <annotation type="History">Ord. 86-750</annotation>
  </section>
</baltimore-city-law>
