Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 11-503.2

  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
(a) All revenue received for the licensing of persons under this subtitle and any other fee, examination or investigation fee or assessment, or revenue received by the Commissioner under this subtitle shall be:

(1) Credited to the Nondepository Special Fund established under § 11-610 of this title; and

(2) Used in accordance with § 11-610(c) of this title.

(b) Notwithstanding subsection (a) of this section, the Commissioner shall pay all fines and penalties collected by the Commissioner under this subtitle into the General Fund of the State.