§ 2–114
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 2-114 (2026)
Title 2. Maryland Insurance Administration
Subtitle 1. Organization of Administration; General Powers and Duties of Commissioner
§ 2–114LinkCopy Citation
(a)
The following money shall be considered general funds of the State:
(1)
except as provided under § 6–107 of this article, revenue received under Title 6, Subtitle 1 of this article;
(2)
all revenue received under §§ 3–324, 4–209, 6–303, and 6–304 of this article; and
(3)
all penalties imposed by the Commissioner, including the following penalties imposed under:
(i)
§§ 4–113(d), 4–212, 10–126(c), 11–232, 14–140, 23–208, 23–506, 26–502, 27–305, and 27–408 of this article; and
(ii)
§ 19–730 of the Health – General Article.
(b)
The following money may not be considered general funds of the State and shall be deposited into the Insurance Regulation Fund established under Subtitle 5 of this title:
(1)
all revenue received through the imposition and collection of the assessment fee under Subtitle 5 of this title;
(2)
all revenue received through the imposition and collection of the fees set forth in § 2–112 of this subtitle;
(3)
all revenue received through the imposition and collection of the fraud prevention fee under Title 6, Subtitle 2 of this article;
(4)
all revenue received through the collection of examination expenses under § 2–208 of this title;
(5)
except as provided under subsection (a) of this section, all other fees received through the imposition and collection of fees set forth in this article; and
(6)
income from investments that the State Treasurer makes for the Insurance Regulation Fund.