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§ 4-102. Surety bond

West's Annotated Code of MarylandState Government

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 4. Comptroller (Refs & Annos)
MD Code, State Government, § 4-102
§ 4-102. Surety bond
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 Court of Appeals.

Credits

Added by Acts 1984, c. 284, § 1, eff. Oct. 1, 1984.
Formerly Art. 19, § 2.
MD Code, State Government, § 4-102, MD STATE GOVT § 4-102
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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