TREASURER

3509

ARTICLE 95.

TREASURER.

	1. Oath.	21. Bond to be recorded, certified copies.
	2. Bond.	22. Record of and report on coupons paid.
	3. Oath to be made by securities.	23. Counting and cancellation of bonds and
	4. Sums so sworn to must equal amount	stocks; report to be filed; bonds to
	of penalty.	be burned.
	5. Bond to be recorded; certified copies.	24. Coupons paid by agents to be trans-
	6. Renewal of bond; refusal to renew to	mitted semi-annually.
	be disqualification. 7. Chief Deputy Treasurer; assistants; clerks; bond; salary.	25. Surplus to be invested in bonds and stocks of state; preference to debts overdue.
	8. Amount of funded and purchased debt	26. Money in excess to be held to credit
	to be cancelled.
	9. Funded debt created for benefit of	of general sinking fund.
	internal improvements, or on ac-	27. Warrant on treasurer for payment of
	count of tobacco debt.	bonds so purchased.
	10. Payment of interest payable in Europe.	28. Securities, how kept ; access to.
	11. Substitution of debt in United States	29. Record of the sinking fund account.
	currency for sterling bonds.	30. Duplicate certificates for bank stock
	12. Treasurer to keep books, papers and	owned by state.
	accounts belonging to office.	31. Sale of securities by authority of board
	13. Erroneous payment of taxes, claims	of public works. Disposition of pro-
	for.	ceeds. Endowment.
	14. Debts due by state to be set-off against	32. Treasurer may deposit state moneys in
	debts owing to state. 15. Same right to exist against assignee of claim.	banks or Md. trust companies with Governor's approval; bond.
	16. Duplicates of lost evidences of debt.	33-37. Deposit to be received from bank
	17. Appointment of bank president as	or trust company; lien therefor;
	agent; his duties.	power of sale; sale. Return of de-
	18. No compensation to such agent; for	posit. Debt not created.
	what he is to be reimbursed.
	19. Agent of, to give bond; collateral se-	Sinking Fund.
	curity.
	20. Oath to be made by securities on such	38. Investment of surplus moneys in
	bond.	treasury.

An. Code, 1924, sec. 1. 1912, sec. 1. 1904, sec. 1. 1888, see. 1. 1852, ch. 12, sec. 1.

1. The treasurer, in addition to the oath prescribed by the sixth sec-
tion of the first article of the constitution, shall take an oath faithfully,
diligently and honestly to discharge the duties of his office.

If the treasurer fails to take oath prescribed by constitution in time, he is not in
office. His taking the oath afterward is ineffective. Archer v. State, 74 Md. 448.

See notes to see. 2.

See art. 70, sec. 2.

Treasurer is a member of state board of canvassers of elections?art. 33, sec. 131.
As to state auditor, see art. 19, sec. 41, et seq.

As to the finance department of the state government, see art. 41, sec. 131, et seq.
See art. 2, sec. 18, and art. 6, of the Md. Constitution.