Maryland § 8-403

Full text of Maryland Maryland Code § 8-403, with citation guidance and answers to common questions.

§ 8-403.

    (a)    The Unemployment Insurance Fund shall consist of:

        (1)    contributions;

        (2)    reimbursement payments collected under Subtitle 6, Part III of this title;

        (3)    interest earned on money in the Fund;

        (4)    property or securities acquired with money that belongs to the Fund;

        (5)    money earned from the property or securities;

        (6)    money received from the Federal Unemployment Account in the Unemployment Trust Fund in accordance with Title XII of the Social Security Act;

        (7)    money credited to the State Unemployment Trust Fund Account under § 903 of the Social Security Act; and

        (8)    money received for the Fund from any other source.

    (b)    Money in the Unemployment Insurance Fund shall be commingled.

    (c)    The Unemployment Insurance Fund shall be used only for the purposes of this title.

Frequently Asked Questions About Maryland § 8-403

What does Maryland Code § 8-403 cover?

Section 8-403 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 § 8-403?

A common citation format is "Maryland Code § 8-403" (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 § 8-403 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.