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60 MARYLAND MANUAL The Board may borrow upon the credit of the State, at any time between the sessions of the General Assembly, sums not to exceed $60,000, to meet temporary deficits in the Treasury; and in addition, it may borrow upon the credit of the State total amounts not ex- ceeding $1,000,000 in anticipation of taxes levied for any year. All such loans shall bear interest at a rate determined by the Board, and shall mature and be repaid at or before the end of the fiscal year in which the money is borrowed. Upon recommendation of the Comp- troller, the Board may adopt regulations covering matters of business administration in the various departments, institutions, and agencies of the State, including the fixing of uniform rates of mileage allowance and the terms and renewals of all bonds furnished by State officials and employees. The sale, lease, or transfer of any real property belonging to any State agency or institution must be approved, and the conveyance signed, by the Board and the highest official of the agency or institution. Where no agency or institution claims the property, the Board executes the conveyance. The Board of Public Works has custody of the General Emergency Fund, which is used to supplement the budgets of the agencies and institutions of the State. It also authorizes the disposal of the records of any agency or insti- tution of the State when such disposal has been approved by the Hall of Records Commission (Const. 1851, Art. VII, sec. 1; Const. 1864, Art. VII, sees. 1-2; Const. 1867, Art. XII, sees. 1-3; Art. Ill, sec. 34; Code 1957, 1968 Repl. Vol., Art. ISA, sec. 12; 1966 Repl. Vol., Art. 23, sec. 206; 1967 Repl. Vol., Art. 27, sec. 485; 1968 Repl. Vol., Art. 27, sec. 705; 1965 Repl. Vol., Art. 41, sees. 180, 182, 183, 190, 196, 215-218, 221; 1968 Supp., Art. 41, sec. 266Z; 1965 Repl. Vol., Art. 43, sec. 387B; 1967 Repl. Vol., Art. 73B, sec. 12; 1965 Repl. Vol., Art. 78A, sees. 1-16B; 1968 Supp., Art. 78A, sees. 7-8, 9A, 14B; 1965 Repl. Vol., Art. 81, sec. 227; 1968 Supp., Art. 90, sec. II).
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