[Art. 6, Sec. 3] MARYLAND MANUAL 421
such evidence shall not be valid; he shall make to the Gen-
eral Assembly full reports of all his 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.1
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 forthcoming, when required of said deposits), and he
or such of his deputies as may be authorized to do so by
the Legislature 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 author-
ized deputy, and not otherwise. The Treasurer or such of
his deputies as may be authorized to do so by the Legisla-
ture shall take receipts for all moneys paid from the Treas-
ury Department; and receipt for moneys received by him
shall be endorsed upon warrants signed by the Comptroller,
or such deputy as may be authorized to do so by law, with-
out which warrants, so signed, no acknowledgement 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 arrangements for the
payment of the interest of the public debt, and for the pur-
chase 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, or Chief Deputy Treasurer,
and countersigned by the Comptroller, or Chief Deputy
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 Leg-
islature 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.2
1 Thus amended by Chapter 133, Acts of 1929, ratified November 4, 1930.
2 Thus amended by Chapter 56, Acts of 1950, ratified November 7, 1950
|
![clear space](../../../images/clear.gif) |