Volume 152, Page 483 View pdf image (33K) |
- MARYLAND MANUAL. 483 proceedings, and of the state of the Treasury Department within ten days after the commencement of each session and perform such other duties as shall be prescribed by law.* Sec. 3. The Treasurer shall receive the moneys of the State, and, until otherwise prescribed by law, deposit them, as soon as received, to the credit of the State, in such bank or banks as he may, from time to time, with the approval of the Governor, select (the said bank or banks giving security, satisfactory to the Governor, for the safekeeping and forth- coming, when required of said deposit), and he or such of his deputies as may be authorized to do so by the Legisla- ture shall disburse the same for the purposes of the State according to law, upon warrants drawn by the Comptroller, or his duly authorized deputy, and on checks countersigned by the Comptroller or his duly authorized deputy and not otherwise. The Treasurer or such of his deputies as may be authorized to do so by the Legislature shall take receipts for all moneys paid from the Treasury Department; and receipt for moneys received by him shall be endorsed upon warrants signed by the Comptroller, or such deputy as may be author- ized to do so by law, without which warrants, so signed, no acknowledgment of money received into the Treasury shall be valid; and upon warrants issued by the Comptroller, or his duly authorized deputy, the Treasurer shall make arrange- ments for the payment of the interest of the public debt, and for the purchase thereof, on account of the sinking fund. Every bond, certificate, or other evidence of the debt of the State shall be signed by the Treasurer, and countersigned by the Comptroller; and no new certificate or other evidence in- tended to replace another shall be issued until the old one shall be delivered to the Treasurer, and authority executed in due form for the transfer of the same filed in his office, and the transfer accordingly made on the books thereof, and the certificate or other evidence cancelled; but the Legisla- ture may make provisions for the loss of certificates, or other evidences of the debt; and may prescribe, by law, the manner in which the Treasurer shall receive and keep the moneys of the State.* SEC. 4. The Treasurer shall render his accounts quarterly to the Comptroller, and shall publish monthly, in such news- papers as the Governor may direct, an abstract thereof, showing the amount of cash on hand, and the place or places of deposit thereof; and on the third day of each regular ses- sion of the Legislature he shall submit to the Senate and House of Delegates fair and accurate copies of all accounts •Thus amended by the Acts of 1929. Chapter 183. and adopted by the people of the State at the November election of 1930. |
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Volume 152, Page 483 View pdf image (33K) |
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