Maryland § 8.3-503
Full text of Maryland Maryland Code § 8.3-503, with citation guidance and answers to common questions.
§ 8.3-503.
(a) The Fund consists of:
(1) employee contributions;
(2) self–employed individual contributions;
(3) employer contributions;
(4) application and application renewal fees paid as required in regulations adopted under § 8.3–705(b)(3) of this title;
(5) money paid to the Fund for the purpose of reimbursing the Secretary under § 8.3–902 of this title for benefits paid in error;
(6) money collected under:
(i) § 8.3–903(1) of this title for assessed contributions and interest for an employer’s or a self–employed individual’s failure to pay contributions; and
(ii) § 8.3–906(a)(1)(iii) of this title for the Department’s costs of an appeal against an employer or insurer;
(7) interest earned on money in the Fund; and
(8) money received for the Fund from any other source.
(b) Money in the Fund may be commingled.
(c) (1) Subject to paragraph (2) of this subsection, the Fund may be used only for the purposes of this title.
(2) Fees paid into the Fund under subsection (a)(4) of this section may be used only for administrative purposes of the Program.
Frequently Asked Questions About Maryland § 8.3-503
What does Maryland Code § 8.3-503 cover?
Section 8.3-503 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 § 8.3-503?
A common citation format is "Maryland Code § 8.3-503" (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 § 8.3-503 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.