Maryland Statutes

§ 1-703

Maryland·Article gnr Natural Resources·Title 1
(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

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Nearby Sections

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§ 1-1001
§ 1-1001
§ 1-101
§ 1-101
§ 1-102
§ 1-102
§ 1-103
§ 1-103
§ 1-104
§ 1-104
§ 1-105
§ 1-105
§ 1-106
§ 1-106
§ 1-107
§ 1-107
§ 1-108
§ 1-108
§ 1-109
§ 1-109
§ 1-109.1
§ 1-109.1
§ 1-110
§ 1-110
§ 1-1101
§ 1-1101
§ 1-201
§ 1-201
§ 1-201.1
§ 1-201.1
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