Section 604 - Insurance Regulatory Fund1. There is created in the State Treasury a dedicated account to be designated the "Insurance Regulatory Fund," the funds of which are hereby appropriated for the partial support and maintenance of the Insurance Bureau. [1973, c. 585, §12(AMD).]
2. The Treasurer of State shall credit the following funds to the Insurance Regulatory Fund: A. The balance, if any, remaining on January 1, 1970 of funds allocated to the bureau pursuant to Title 24, section 372; [1973, c. 625, §136(AMD).]B. Fees, licenses and other charges collected and remitted by the superintendent under section 601 (fee schedule), or as increased pursuant to section 428 (retaliatory provision); [1985, c. 446, §3(AMD).]C. [1997, c. 457, §22(RP).]D. Amounts assessed by the superintendent under Title 24, section 2332; [1985, c. 446, §3(AMD).]E. Amounts assessed by the superintendent under section 237; [1985, c. 446, §3(NEW).]F. Amounts assessed by the superintendent under Title 39-A, section 409; and [1991, c. 885, Pt. E, §24(AMD); 1991, c. 885, Pt. E, §47(AFF).]G. Such other amounts as may be expressly required by law to be so credited. [1985, c. 446, §3(NEW).] [2001, c. 559, §1(AMD); 2001, c. 559, §2(AFF).]
3. Expenditures by the bureau from the Insurance Regulatory Fund shall be subject to budget control in the same manner as applies to departments of State in general. [1973, c. 585, §12(AMD).]
1969, c. 132, § 1 (NEW) . 1969, c. 177, §§12,13 (AMD) . 1973, c. 585, § 12 (AMD) . 1973, c. 625, § 136 (AMD) . 1985, c. 446, § 3 (AMD) . 1991, c. 885, §E24 (AMD) . 1991, c. 885, §E47 (AFF) . 1997, c. 457, § 22 (AMD) . 2001, c. 559, §Z1 (AMD) . 2001, c. 559, §Z2 (AFF) .