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Md. Code, Labor and Employment § 8-415

This is the official text of Md. Code, Labor and Employment § 8-415, part of Maryland’s Code, Labor and Employment — governs wages, workplace safety, and employee rights.

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§8–415.

Official statutory text

(a) The State Treasurer is custodian of the Unemployment Insurance Administration Fund.

(b) (1) Subject to § 8-405(b) of this subtitle, money shall be deposited, administered, and disbursed from the Unemployment Insurance Administration Fund in the same manner as money is deposited and disbursed for other special funds in the custody of the State Treasurer.

(2) Money in the Unemployment Insurance Administration Fund shall be secured in accordance with § 6-209 of the State Finance and Procurement Article.

(c) Money in the Unemployment Insurance Administration Fund shall be available to the Secretary whenever it is needed for payment of expenses under this title.

(d) The Secretary may transfer money to the Special Administrative Expense Fund in accordance with § 8-422(e) of this subtitle.

Status: in_force · Read it on the official government site

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