2021 Maryland Statutes
Transportation
Title 13 - Vehicle Laws -- Certificates of Title and Registration of Vehicles
Subtitle 2 - Security Interests
Section 13-209 - Assurance Fund -- Maintenance

    (a)    The Administration shall maintain an Assurance Fund and deposit in it the filing fees collected under this subtitle.

    (b)    When the Assurance Fund reaches $25,000, any money in excess of that amount shall be transferred to the Transportation Trust Fund.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.