Volume 172, Page 629 View pdf image (33K) |
[Art. 6, Sec. 3] MARYLAND MANUAL 629 ceivers of taxes and State revenue; preserve all public ac- counts ; and decide on the forms of keeping and stating ac- counts. He, or such of his deputies as may be authorized to do so by the Legislature, shall grant, under regulations prescribed by Law, all warrants for money to be paid out of the Treasury, in pursuance of appropriations by law, and countersign all checks drawn by the Treasurer upon any bank or banks in which the moneys of the State, may, from time to time, be deposited. He shall prescribe the formalities of the transfer of stock, or other evidence of the State debt, and countersign the same, without which 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. 1SEC. 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 Comp- troller, or his duly authorized deputy, and on checks coun- tersigned 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 Depart- ment; 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, 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 arrangements 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, Chief Deputy Treasurer, or a Deputy Treas- urer, and countersigned by the Comptroller, Chief Deputy Comptroller, or a Deputy Comptroller; and no new certifi- cate or other evidence intended to replace another shall be ' 1 Thus amended by Chapter 7, Acts of 1965, to be voted upon at the next general election in November, 1966. This amendment adds the words "or a. Deputy Treas- urer and "or a Deputy Comptroller" to the existing provision, |
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Volume 172, Page 629 View pdf image (33K) |
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