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Session Laws, 1947
Volume 411, Page 1532   View pdf image (33K)
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1532 LAWS OF MARYLAND. [CH. 605

said county, municipal or public corporation, special district
and/or political sub-division, by said Treasurer or, if there
be no Treasurer, by the authorized financial officer thereof,
and upon completion of said Statement, said Treasurer or
other authorized financial officer shall make affidavit thereto,
and said Treasurer or other authorized financial officer shall
within sixty days after the end of the fiscal year for which
said Statement is made file the same with the State Fiscal
Research Bureau as hereinabove required. Upon the receipt
of any such Statement of Financial Condition, properly exe-
cuted, the State Fiscal Research Bureau shall examine the
same, and upon being satisfied that said Statement of Finan-
cial Condition complies with the provisions of this sub-title, it
shall file said Statement of Financial Condition in a special file
reserved for such Statements, which shall be at all times
available for inspection by any resident of the State of Mary-
land. Any person may request a certified copy of any of the
Statements of Financial Condition so filed, and upon pre-
payment of a fee of Two Dollars, the State Fiscal Research
Bureau shall cause such certified copy to be prepared and
delivered to the person making such request.

103H. Each of the said Treasurers or other authorized
financial officers subject to the provisions of this sub-title
shall be personally liable to a penalty, collectible in the name
of the State of Maryland in the amount of Ten Dollars a day,
for every day or fraction thereof, after the lapse of the time
limit prescribed by Section 103F of this Article, said Treasurer
or other authorized financial officer shall be in default in the fil-
ing of the Statement of Financial Condition required by Section
103F of this Article, but such statement shall, in the opinion
of the State Fiscal Research Bureau, be incomplete or inade-
quate, then the State Fiscal Research Bureau shall give notice
by registered mail to such Treasurer or other authorized
financial officer, of the items wherein said statement is incom-
plete or inadequate, and if such Treasurer or other finan-
cial officer shall not within ten days from the date of said
notice file a complete and adequate statement, he shall be
deemed in default and liable to the penalty herein prescribed.

SEC. 2. And be it further enacted, That Sections 7, 8 and 9
of Article 31 of the Annotated Code of Maryland (1939 Edi-
tion), title "Debt—Public", sub-title "Statement of Financial
Condition", be and they are hereby repealed.

SEC. 3. And be it further enacted, That if any paragraph or
provision of this Act shall be held invalid, such invalidity
shall not affect the other paragraphs or provisions.

 

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Session Laws, 1947
Volume 411, Page 1532   View pdf image (33K)
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