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Ch. 430
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2238
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LAWS OF MARYLAND
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board.
(c) (1) The director is both the administrative
head of the Service and the presiding officer of the
board of directors. He is responsible for the exercise
of all powers and duties conferred upon the Service by
the provisions of this subtitle except for those powers
and duties specifically conferred by this subtitle on the
secretary, treasurer, or board.
(2) THE DEPUTY ASSISTANT DIRECTOR SHALL BE
THE DEPUTY DIRECTOR AND HAVE THE DUTIES PROVIDED BY LAW
OR DELEGATED BY THE DIRECTOR.
(f) (1) The treasurer shall develop and maintain
a detailed and accurate accounting system for all
financial transactions of the Service, and he shall
perform other duties relating to the financial affairs of
the Service as required by law or by a directive of the
board of directors. Unless any money of the Service is
otherwise held by or payable to a trustee appointed
pursuant to a resolution authorizing the issuance of
bonds or notes or under a trust agreement securing the
bonds or notes, the treasurer shall receive money of the
Service until otherwise prescribed by law, he shall
deposit the money as scon as it is received to the credit
of the Service in the bank or banks located in the State
as he, with the approval of the board, selects. He shall
disburse money for the purposes of the Service according
to law, only upon his warrant. He shall make
arrangements for the payment of the interest on and
principal of the Service debt. Upon entering the
performance of his duties, the treasurer shall be covered
by a surety bond in accordance with the provisions of law
concerning the State employees surety bond committee.
(2) WITH THE APPROVAL OF THE BOARD OF
DIRECTORS, THE TREASURER MAY AUTHORIZE AN EMPLOYEE OF HE
SERVICE TO SERVE AS HIS DEPUTY AND TO DISBURSE MONEY OR
THE PURPOSES OF THE SERVICE AS PROVIDED BY LAW, AND
SUBJECT TO RESTRICTIONS AND OTHER CONDITIONS THAT THE
TREASURER ESTABLISHES. THE DEPUTY TREASURER SHALL BE
COVERED BY A SURETY BOND IN ACCORDANCE WITH THE
PROVISIONS OF LAW CONCERNING THE STATE EMPLOYEES SURETY
BOND COMMITTEE.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
Approved May 17, 1977.
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CHAPTER 431
(House Bill 455)
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