Md. Code, Health-Gen. § 5-626

Current with changes from the 2024 Legislative Session, chs. 2--407, effective on or before 7/1/2024

Section 5-626 - Advance Directive Program Fund

(a) In this section, "Fund" means the Advance Directive Program Fund.

(b) There is an Advance Directive Program Fund.

(c) The purpose of the Fund is to provide funding to carry out the purposes of the Advance Directive Program established under § 5-620 of this subtitle.

(d) The Department shall administer the Fund.

(e)

(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.

(2) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.

(f) The Fund consists of:

(1) Money transferred to the Fund under § 6-103.1 of the Insurance Article;

(2) Interest earned under subsection (h) of this section; and

(3) Any other money received from any other lawful source accepted for the benefit of the Fund.

(g) Money in the Fund may be used only to carry out the purposes of the Advance Directive Program established under § 5-620 of this subtitle.

(h)

(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.

(2) Any interest earnings of the Fund shall be credited to the Fund.

Md. Code, HG § 5-626

Renumbered from § -5-625 by 2016 Md. Laws, Ch. 510,Sec. 1, eff. 10/1/2016.