Maryland § 3-2A-04
Full text of Maryland Maryland Code § 3-2A-04, with citation guidance and answers to common questions.
§ 3-2A-04.
(a) If, at any time, the amount of money in the Grant Fund exceeds the amount that the Trust considers necessary currently to meet its expenses and obligations, the Department shall deposit the excess money with the State Treasurer, who shall invest the money in the manner provided for by law.
(b) Annually, the State Treasurer shall report to the Department as to:
(1) The status of the money invested under this subtitle;
(2) The market value of the assets in the Grant Fund as of the date of the report; and
(3) The interest received from investments for the Grant Fund during the period covered by the report.
Frequently Asked Questions About Maryland § 3-2A-04
What does Maryland Code § 3-2A-04 cover?
Section 3-2A-04 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 § 3-2A-04?
A common citation format is "Maryland Code § 3-2A-04" (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 § 3-2A-04 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.