THEODORE R. MCKELDIN, GOVERNOR 1557
469D. (a) The Treasurer of Prince George's County is
hereby empowered to transfer such duties, activities, and
services now being performed in one Bureau to any other
Bureau within the Department of Finance.
(b) The Treasurer of Prince George's County is hereby
empowered, and directed to establish a system of accounts
to record the collection, and disbursement of County funds,
and may employ such accountant, or firm of accountants,
as he may deem necessary to assist him in the establish-
ment of this system. The fee of such accountant, or firm
of accountants shall be paid by the County Commissioners
of Prince George's County.
(c) All checks, drafts, bonds, notes, certificates of in-
debtedness, or negotiable instruments issued on behalf of
Prince George's County shall be counter-signed by the
Treasurer of Prince George's County, or his authorized
agent, and by the President, and Secretary, of the Board of
County Commissioners, or his authorized agent. This para-
graph shall not apply to regular County payroll checks,
such checks may be signed by either the Treasurer of Prince
George's County, or his authorized agent, or by the Presi-
dent of the Board of County Commissioners, or his au-
thorized agent; one signature being all that is required on
payroll checks.
(d) The Treasurer of Prince George's County is hereby
empowered, with the consent of the County Commissioners,
to invest any surplus moneys that will be unused for
periods in excess of ninety days. Such investments may
be made only in short term U. S. Government obligations
or the Treasurer of Prince George's County may place such
moneys in any bank, or banks, in Prince George's County
in an interest-bearing savings account. Such deposits shall
only be made where the bank has deposited a like amount
of bonds in escrow, as now prescribed by law, covering
bank deposits.
(e) Interest earned on investments in any one fiscal
year must be used the following fiscal year for general
County expenses.
(f) The Treasurer of Prince George's County shall be
responsible for the preparation of quarterly, and annual,
financial reports.
(g) All agencies that receive County funds shall submit
a report to the Department of Finance quarterly, and an-
nually, showing the financial status of that agency, and it
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