BLAIR LEE III, Acting Governor

277 7

such sum as in the discretion of the director of the
department of liquor control, approved by the director of
finance, is necessary for the creation of a reserve and
operating fund to provide adequate working capital for the
continued operation of the dispensary system. The said
revolving fund shall be replenished from general funds by
the director of finance as vouchers are submitted by the
director of the department of liquor control certifying as
to the amount of purchase contracted for. ] SHALL BE AN
ADEQUATE BALANCE OF WORKING CAPITAL WITHIN THE COUNTY'S
LIQUOR CONTROL FUND AS DETERMINED BY THE DIRECTOR OF THE
DEPARTMENT OF LIQUOR CONTROL AND THE DIRECTOR OF FINANCE AND
SHALL BE SUBJECT TO THE APPROVAL OF THE COUNTY EXECUTIVE.
THE AMOUNT OF THE WORKING CAPITAL SHALL BE ADEQUATE TO
PROVIDE FOR THE CONTINUED OPERATION OF THE DISPENSARY
SYSTEM. The net profits derived from the sale of alcoholic
beverages shall be applied in the first instance toward the
payment of current interest and retirement charges on such
notes, certificates of indebtedness and/or bonds as may be
issued by the County Council for the purpose of raising
funds for the establishment and operation of the dispensary
system. Secondly, the net proceeds shall be applied to the
[creation of the revolving fund provided for herein]
MAINTENANCE OF ADEQUATE WORKING CAPITAL. Thirdly, the
balance of [said] THE net proceeds shall be deposited as
general funds of Montgomery County.

166.

(b) (1) [Provided that, in] IN Montgomery County,
[no member of the liquor control board] AN EMPLOYEE OF THE
DEPARTMENT OF LIQUOR CONTROL for Montgomery County, [and no
employee of such board, no member of the Board of County
Commissioners for Montgomery County or any employee of the
Board of County Commissioners for Montgomery County shall] A
MEMBER OF THE MONTGOMERY COUNTY COUNCIL, OR THE MONTGOMERY
COUNTY EXECUTIVE MAY NOT have any financial interest,
directly or indirectly, in the sale, manufacture, blending,
brewing, distilling, rectifying or wholesaling of any
alcoholic beverage purchased or sold under the provisions of
this article.[, nor shall any member of said board or such]
AN employee[, aforesaid,] OF THE DEPARTMENT OF LIQUOR
CONTROL MAY NOT have any interest in any license issued
under the provisions of this article.[, nor shall any member
of said board or such] AN employee[, aforesaid,] OF THE
DEPARTMENT OF LIQUOR CONTROL MAY NOT solicit or receive
directly or indirectly, any fee, commission, gratuity,
emolument, remuneration, reward, present or sample of any
alcoholic beverage, from any person, partnership, firm or
corporation, agents, servants or employees, engaged in the
sale, manufacture, blending, brewing, distilling,
rectifying, wholesaling or distribution of alcoholic
beverages, or any licensee licensed under the provisions of
this article, or to derive any profit or remuneration from
the purchase or sale of any such beverage other than the
salary or wages payable by [said] THE [boards] COUNTY for
the discharge of the duties as herein prescribed or
authorized.