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Section 16-502 - Purpose — Maryland Law | CourtGPT
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  4. Business Regulation - Title 1 - Definitions; General Provisions/
  5. Title 16 - Cigarettes/
  6. Subtitle 5 - Escrow Requirements for Nonparticipating Tobacco Product Manufacturers/
  7. Section 16-502 - Purpose
Maryland Legal Code

Section 16-502 - Purpose

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(a) Violations of the Escrow Act, an act concerning nonparticipating manufacturers and deposits of funds into escrow accounts, threaten the integrity of the tobacco Master Settlement Agreement, the fiscal soundness of the State, and the public health. (b) Enacting procedural enhancements will help prevent violations and aid the enforcement of the Escrow Act and thereby safeguard the Master Settlement Agreement, the fiscal soundness of the State, and the public health. (c) The provisions of this subtitle are not intended to and may not be interpreted to amend the Escrow Act.