854
LAWS OF MARYLAND
Ch. 64
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Code of Public Local Laws
of Maryland be repealed, amended, or enacted to read as
follows:
Article 11 - Frederick County
2-7-67.
[The board of county commissioners shall, as soon as
practicable after entering upon the discharge of their
duties, prepare and set up a system of bookkeeping or
accounts, to be on an accrual basis method of accounting,
such as will not be in conflict with the authority granted
any other state department having control or supervision
over the records in the offices of the board of county
commissioners, the county treasurer, county board of
education, county roads board and sheriff. After the system
of bookkeeping or accounts has been so set up, it shall be
mandatory upon the clerk of the board of county
commissioners, the county treasurer, the county board of
education, the county roads board and the sheriff to keep
and maintain the books and accounts of their respective
offices in accordance with such system. All accounts or
claims against the county or any officer or agency of the
county, unpaid and outstanding on June thirtieth of any
fiscal year, shall be filed on or before July thirty-first
of the following fiscal year. The reports of the auditor
shall show such claims] THE COUNTY FINANCIAL RECORDS SHALL
BE MAINTAINED IN SUCH A MANNER THAT WILL PRESENT FAIRLY AND
WITH FULL DISCLOSURE THE FINANCIAL POSITION RESULTS OF
FINANCIAL OPERATIONS OF THE FUND AND ACCOUNT GROUPS IN
CONFORMITY WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
WHERE CONFLICTS BETWEEN LEGAL PROVISION AND GENERALLY
ACCEPTED ACCOUNTING PRINCIPLES OCCUR THE ACCOUNTING SYSTEM
SHALL BE MAINTAINED ON A LEGAL COMPLIANCE BASIS BUT SHOULD
INCLUDE SUFFICIENT ADDITIONAL RECORDS TO PERMIT REPORTING
BASED ON GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.
Approved April 14, 1981.
CHAPTER 65
(House Bill 1211)
AN ACT concerning
Garrett County - Judges of the Orphans'
Court - Compensation
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