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Session Laws, 1985
Volume 760, Page 974   View pdf image
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974

LAWS OF MARYLAND

Ch. 11

REVISOR'S NOTE: Subsection (a) of this section is new
language added to allow concise reference to the Fund.

Subsections (b) through (g) of this section are new
language derived without substantive change from
former Art. 95, § 7B.

In subsection (c)(3) of this section, the phrase "if
unable to deliver the check during that period" is
substituted for the former phrase "[a]fter 30 days",
to clarify that subsection (c)(3) of this section is
inapplicable if the Comptroller finds the payee and
also to reflect that, under subsection (c)(1) of this
section, the period may be less than 30 days.

In subsection (d)(2)(i) of this section, the word
"certify" is substituted for the former word
"warrant", to avoid confusion with the defined term.

In subsection (e)(2) of this section, the prohibition
against replacement of a check after 7 years is
substituted for the former statement that the check is
"void", since a check is void when canceled.
Similarly, in subsection (g)(1) of this section, the
former clause "which are void" is deleted.

In subsection (g)(2) of this section, the phrase
"subject to subsection (f) of this section" is added
to account for money returned to its source.

As to the additions of the specific references to the
"Chief Deputy Treasurer" and a "deputy treasurer", see
revisor's note to § 7-226 of this subtitle.

Defined term: "Warrant" § 7-201

7-230. UNPRESENTED CHECKS FUND.

(A)  "FUND" DEFINED.

IN THIS SECTION, "FUND" MEANS THE UNPRESENTED CHECKS FUND.

(B)  ESTABLISHED.

THERE IS AN UNPRESENTED CHECKS FUND.

(C)  CREDIT OF UNPRESENTED CHECKS.

AT THE END OF EACH FISCAL YEAR, THE TREASURER SHALL:

(1) IDENTIFY EACH CHECK THAT:

(I) HAS BEEN ISSUED AGAINST THE MONEY OF THE
STATE; AND

 

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Session Laws, 1985
Volume 760, Page 974   View pdf image
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