Maryland Statutes
§ 11-704
Maryland § 11-704
This text of Maryland § 11-704 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Business Regulation § 11-704 (2026).
Text
(a)(1) The licensee shall deduct from the handle:
(i)all the breakage; and
(ii)an amount not to exceed 25%.
(2)Excluding the breakage, of the amount the licensee deducts from the handle, 36% of that amount shall be paid to the Commission, which shall send it to the Comptroller to be credited to the Fair Hill Improvement Fund established in § 5–908 of the Natural Resources Article.
(b)Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.
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Nearby Sections
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Bluebook (online)
Maryland § 11-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gbr/11-704.