(a) There is a Treasurer of the State, as provided in Article VI, § 1 of the Maryland Constitution. (b) (1) The General Assembly may designate a committee to consider the qualifications of the candidates and procedures for the casting of ballots for the appointment. (2) A committee designated under this subsection shall consist of an equal number of […]
In addition to the oath specified in Article I, § 9 of the Maryland Constitution, the Treasurer shall take an oath to discharge the duties of the Office of Treasurer faithfully, diligently, and honestly.
(a) While in office, the Treasurer shall be covered by a surety bond as required in this section. (b) The surety bond under this section shall: (1) run to the State; (2) be in the amount that the Governor approves; (3) be with a surety company that is authorized to do business in the State; and (4) include provisions that secure […]
(a) In addition to the bond required under § 5-102 of this subtitle, the State Treasurer shall be covered by a surety bond as required in this section. (b) The surety bond under this section shall: (1) be conditioned on the faithful performance of the duties of the State Treasurer as custodian of the Unemployment Insurance Fund; (2) run […]
(a) Before taking office, the Treasurer shall place in a trust over which the Treasurer has no control or otherwise shall be divested of all capital stock of banks, trust companies, and other financial institutions in the State. (b) While in office, the Treasurer may not own capital stock of or receive compensation from a bank, trust […]
(a) The Treasurer shall devote full time to the duties of office. (b) The Treasurer shall address the Legislative Policy Committee of the General Assembly on a semiannual basis and as necessary on issues of legislative importance, including the activities of the Board of Public Works, bond sales, and investment and procurement initiatives. (c) The Treasurer’s annual salary […]
(a) (1) The Treasurer may employ a staff in accordance with the State budget. (2) While on the staff, an individual shall be covered by a surety bond in the form and amount required by law. (3) The staff shall perform the duties that the Treasurer assigns. (b) (1) From among the employees on the staff, the Treasurer may designate 1 […]
(a) If the Treasurer temporarily is unable or unavailable to carry out the duties of office, an acting treasurer shall have the powers and duties of the office, as provided in this section. (b) (1) If the Treasurer gives the presiding officers of the General Assembly and the Chief Deputy Treasurer written notice of a temporary inability or […]
If the Office of the Treasurer becomes vacant, the Chief Deputy Treasurer is the deputy treasurer who acts as Treasurer under Article VI, § 1 of the Maryland Constitution.
