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§ 4-102. Surety bond

West's Annotated Code of MarylandState GovernmentEffective: December 14, 2022

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 4. Comptroller (Refs & Annos)
Effective: December 14, 2022
MD Code, State Government, § 4-102
§ 4-102. Surety bond
Currentness
Required
(a) While in office, the Comptroller shall be covered by a surety bond as required in this section.
Form and conditions
(b) The surety bond of the Comptroller shall:
(1) run to the State;
(2) be in the amount of $200,000;
(3) be with surety that the Governor approves; and
(4) be conditioned on the Comptroller:
(i) accounting for the funds that are received under color of office; and
(ii) otherwise discharging faithfully each duty of office.
Filing
(c) After execution and approval of a surety bond under this section, the surety bond shall be recorded in the office of the Clerk of the Supreme Court of Maryland.

Credits

Added by Acts 1984, c. 284, § 1, eff. Oct. 1, 1984. Amended by Acts 2023, c. 49, § 6.
Formerly Art. 19, § 2.
MD Code, State Government, § 4-102, MD STATE GOVT § 4-102
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document