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§ 6-109. Bond requirements of county superintendent and other county board employees

West's Annotated Code of MarylandEducation

West's Annotated Code of Maryland
Education (Refs & Annos)
Division II. Elementary and Secondary Education [Titles 2-9.5] (Refs & Annos)
Title 6. Teachers and Other Personnel (Refs & Annos)
Subtitle 1. Personnel Matters (Refs & Annos)
MD Code, Education, § 6-109
§ 6-109. Bond requirements of county superintendent and other county board employees
Currentness
In general
(a) A county superintendent and any other employee of a county board who handles funds of the school system shall give bond to secure the interests of the State and the county board as their interests may appear in the penal sum required by the county board.
Security of guaranty, deposit, trust, or other similar company
(b)(1) The bond shall have the security of any guaranty, deposit, trust, or other similar company authorized under the laws of this State to act in this capacity.
(2) The cost or fee for this security shall be paid by the county board.
(3) The executed bond shall be filed with the State Comptroller.
Provisions contained in bond
(c) The bond shall contain provisions that the employee shall perform faithfully the duties of the employee's office and pay over and apply all money that comes into the employee's possession or control to the person and in the manner that the county board, under the provisions of this article, directs.
Surety insurance or surety self-insurance
(d)(1) The requirements in subsection (a) of this section may be satisfied by the purchase of surety insurance or surety self-insurance provided by a pool established under Title 19, Subtitle 6 of the Insurance Article.
(2) The surety insurance or self-insurance shall be in an amount required by the county board.

Credits

Added as Education § 6-110 by Acts 1978, c. 22, § 2, eff. July 1, 1978. Amended by Acts 1993, c. 264; Acts 1994, c. 638, § 1, eff. Oct. 1, 1994. Renumbered as Education § 6-109 by Acts 1996, c. 10, § 16, eff. April 9, 1996. Amended by Acts 1997, c. 105, § 1, eff. June 1, 1997.
Formerly Art. 77, § 72.
MD Code, Education, § 6-109, MD EDUC § 6-109
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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