Maryland Code, STATE GOVERNMENT 9-1D-04
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, STATE GOVERNMENT 9-1D-04
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(a) A fantasy competition operator shall retain 85% of the proceeds and pay the remainder to the Commission.
(b) The Commission shall distribute the proceeds paid under subsection (a) of this section to the Blueprint for Maryland’s Future Fund established under § 5-206 of the Education Article.