Maryland Department of Business and Economic Development Section 5-1019

      (a)      If, at any time, the amount of money in the Contract Financing Fund or in the Guaranty Fund exceeds the amount that the Authority considers necessary currently to meet its expenses and obligations, the excess shall be:

            (1)      Deposited with the State Treasurer, to the credit of the Contract Financing Fund or the Guaranty Fund, as appropriate; and

            (2)      Invested in the manner provided for by law.

      (b)      If, at any time, the amount of money in or credited to the Contract Financing Fund or to the Guaranty Fund exceeds the amount that the Authority considers necessary to meet its obligations, the excess, on resolution of the Authority, shall be paid to the State Treasurer and shall be first applied, as the State Comptroller may determine, to the payment of the principal of and interest on any outstanding bonds issued under any act authorizing the issue of State general obligation bonds for the purpose of implementing this subtitle.