Maryland § 2-114

Full text of Maryland Maryland Code § 2-114, with citation guidance and answers to common questions.

§ 2-114.

    (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.

Frequently Asked Questions About Maryland § 2-114

What does Maryland Code § 2-114 cover?

Section 2-114 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maryland § 2-114?

A common citation format is "Maryland Code § 2-114" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 2-114 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.