Montgomery County                                2319

(d)    Management Section. The management section shall assist the
county executive and chief administrative officer in the development and
implementation of effective management practices.

(e)    Information Section. The information section shall assist the
county executive in the establishment and maintenance of a comprehensive
information program.

Section 2. Section 2-36, Chapter 2, title "Administration," of the
Montgomery County Code 1965, as amended, is hereby repealed and re-
enacted, with amendments, to read as follows:

2-36. Powers and duties of director generally.

The director of finance is hereby authorized and directed under the
general direction of the county executive:

(a)    Audit of claims, vouchers, etc. To audit and pre-audit all ac-
counts, claims, demands or vouchers presented to the county for payment.

(b)    Accounting system, etc. To prescribe the system of accounts,
reports and expenditure and receipt documents to be used by all of the
officers of the county government, except as the same may now or hereafter
be prescribed by law.

(c)    Financial records. To keep the financial records of the county
government.

(d)    Investigations of county departments; reports. To make such
investigation of the financial organization, activities and methods of pro-
cedure of the several county departments and establishments as he may be
called upon to make by the county executive. In submitting any report,
the director of finance may adopt as his report the report of any indepen-
dent public accountants retained by the county to the extent that the form
and content on the report of such independent public accountants comply
with the requirements relating to the report being submitted by the director
of finance.

Section 3. Section 2-38, Chapter 2, title "Administration," of the
Montgomery County Code 1965, as amended, is hereby repealed and re-
enacted, with amendments, to read as follows:

2-38. Agent to assist director when acting as registrar of bonds, etc.

Whenever it shall be in the best interests of the county, the county
executive is authorized and empowered to designate an agent or agents to
assist the director of finance acting in his capacity of registrar for the
principal or interest of any issue of bonds, notes or obligations of the county,
whether issued or to be issued, for which the director has been or may
be named as registrar by any resolution or resolutions of the county council
authorizing the issuance or sale of such bonds, notes or obligations. The
terms and conditions of the appointment of such agent or agents shall be
fixed by the county executive; provided, however, that such agent or agents
shall in all cases be a national bank or shall be a bank and trust company
regularly engaged in business in the State of Maryland, and such national
bank or bank and trust company shall have capital and surplus amounting
to at least three million dollars.

Section 4. Section 2-40, Chapter 2, title "Administration," of the
Montgomery County Code 1965, as amended, is hereby repealed and re-
enacted, with amendments, to read as follows: