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<chapter num="01" heading="Crediting of Income Earned on State Monies" title_num="25" subtitle_num="03">
  <regulation prefix="Regulation" num=".01" heading="Crediting of Income Earned on Gifts.">
    <text>Unless a donor provides otherwise, the Treasurer shall credit to the donee unit of State government income resulting from the holding or investment of a gift to the unit.</text>
  </regulation>
  <regulation prefix="Regulation" num=".02" heading="Crediting of Income Earned on Funds of Certain Educational Institutions.">
    <text>Interest or income from the investment by the State Treasurer of all funds of the University of Maryland System, Morgan State University, and St. Mary's College shall be credited to each institution and may not be credited to the General Fund of this State.</text>
  </regulation>
  <regulation prefix="Regulation" num=".03" heading="Crediting of Income Earned on Federal Forfeiture Proceeds.">
    <text>Interest or income from the investment by the State Treasurer of all funds received under the national asset seizure program shall be credited to the appropriate police agency.</text>
  </regulation>
  <annotations>
    <annotation type="Authority">State Finance and Procurement Article, §6-226, Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: September 10, 1984 (11:18 Md. R. 1585)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01 amended effective September 9, 1985 (12:18 Md. R. 1767)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .02 adopted effective September 9, 1985 (12:18 Md. R. 1767)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .02 amended effective October 30, 1989 (16:21 Md. R. 2263)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .03 adopted effective February 27, 1995 (22:4 Md. R. 237)</annotation>
  </annotations>
</chapter>