1038 LAWS OF MARYLAND. [CH. 492

mation desirable or necessary, and for making such ex-
aminations he shall charge the same fees as for examining
banking institutions.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1935.

Approved April 25, 1935.

CHAPTER 492.

AN ACT to repeal and re-enact with amendments Section
9 of Article 90 of the Annotated Code of Maryland (1924
Edition), title "Sureties, " sub-title "Counter Security, "
as said section was amended by Chapter 110 of the Acts
of the Extraordinary Session of 1933, relating to the ac-
ceptance of certain securities as collateral security for the
deposit of funds by the State Treasurer.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 9 of Article 90 of the Annotated
Code of Maryland (1924 Edition), title "Sureties, " sub-title
"Counter Security, " as said section was amended by Chap-
ter 110 of the Acts of the Extraordinary Session of 1933,
be and it is hereby repealed and re-enacted, with amend-
ments, to read as follows:

9. When the surety or sureties on the bond of any bank
or trust company used as a depository for the funds of the
State Treasurer shall notify the Governor and the State
Treasurer of their or its desire to be relieved from further
liability as such surety, as provided in the preceding section
of this article, or when any new bond shall be given by any
bank or trust company, that may be used as a depository
for the funds of the State by the State Treasurer, it shall
be lawful for the State Treasurer to receive from such bank
or trust company, its bond, conditioned, as provided by law,
and, as surety collateral to the said bond, instead of the
surety heretofore provided by law, registered public stock
and/or bonds of the United States or of the State of Mary-
land or of Baltimore City or the bonds of any county or
municipal corporation of this State, or of the Home Owners'
Loan Corporation, a corporation created by an Act of the
Congress of the United States, approved June 13, 1933,
which shall be approved by the State Treasurer to the