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Statutes Text

Article - Financial Institutions




§11–203.3.

    (a)    All revenue received for the licensing and assessment of persons under this subtitle and Subtitle 3 of this title and any other fee or revenue received by the Commissioner under this subtitle shall be:

        (1)    Credited to the Non–Depository Special Fund established under § 2–120 of this article; and

        (2)    Used in accordance with § 2–120(d) of this article.

    (b)    Notwithstanding subsection (a) of this section, the Commissioner shall pay all fines and penalties collected by the Commissioner under this subtitle and Subtitle 3 of this title into the General Fund of the State.

    (c)    Subject to § 2–120(h) of this article, the Commissioner may impose an annual assessment on any licensee under this subtitle.



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