(a) In this section, 'reserve account' means a continuing, nonlapsing account or fund in which money is retained to support appropriations that have become unfunded. (b) By ordinance or local law, after notice and hearing, a county may establish one or more reserve accounts. (c) An ordinance or a local law that establishes a reserve account shall provide for: (1) requirements for the accumulation of a fixed amount of money, a percentage of designated revenues, or both; (2) the circumstances under which the account may be used; and (3) the use of any earnings on the account.
Maryland Legal Code