Md. Code, Natural Resources § 1-703
This is the official text of Md. Code, Natural Resources § 1-703, part of Maryland’s Code, Natural Resources — governs parks, wildlife, and natural resource management.
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§1–703.
Official statutory text
(a) (1) The Secretary may distribute not more than 5% of the net proceeds of the Fund to a promotional account to be used to promote further donations to the Fund.
(2) Money in the Fund may be used for administrative costs calculated in accordance with § 1–103(b)(2) of this title.
(b) After making the distributions allowed under subsection (a) of this section, the Secretary shall distribute the remainder of the net proceeds of the Fund as follows:
(1) 50% to the Chesapeake Bay Trust established under § 8–1902 of this article, to be used by the Trust only as provided in § 1–704 of this subtitle; and
(2) 50% to an endangered species account, to be used only to conserve nongame, threatened and endangered species as provided in § 1–705 of this subtitle.
(2) Money in the Fund may be used for administrative costs calculated in accordance with § 1–103(b)(2) of this title.
(b) After making the distributions allowed under subsection (a) of this section, the Secretary shall distribute the remainder of the net proceeds of the Fund as follows:
(1) 50% to the Chesapeake Bay Trust established under § 8–1902 of this article, to be used by the Trust only as provided in § 1–704 of this subtitle; and
(2) 50% to an endangered species account, to be used only to conserve nongame, threatened and endangered species as provided in § 1–705 of this subtitle.
Status: in_force · Read it on the official government site
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