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§ 5-102.1. Surety bond--Unemployment Insurance Fund

West's Annotated Code of MarylandState Government

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 5. Treasurer (Refs & Annos)
MD Code, State Government, § 5-102.1
§ 5-102.1. Surety bond--Unemployment Insurance Fund
Currentness
Required
(a) In addition to the bond required under § 5-102 of this subtitle, the State Treasurer shall be covered by a surety bond as required in this section.
Form and conditions
(b) The surety bond under this section shall:
(1) be conditioned on the faithful performance of the duties of the State Treasurer as custodian of the Unemployment Insurance Fund;
(2) run to the State;
(3) be in an amount that the Secretary approves; and
(4) be in a form required by law or approved by the Attorney General.

Credits

Added by Acts 1991, c. 8, § 3, eff. Oct. 1, 1991.
MD Code, State Government, § 5-102.1, MD STATE GOVT § 5-102.1
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.
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