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Home » US Law » 2022 Maryland Statutes » Financial Institutions » Title 12 - Miscellaneous Institutions and Activities » Subtitle 9 - Maryland Debt Management Services Act » Section 12-905 – Credit of Revenue From Licensing and Payment of Fines and Penalties Into Various Funds

    (a)    All revenue received for the licensing of persons under this subtitle and, except as provided in subsection (b) of this section, any other fee, examination 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 article; and

        (2)    Used in accordance with § 11–610(c) of this article.

    (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.