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Amendments to Maryland Constitutions
Volume 380, Page 198   View pdf image (33K)
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and for the support of the public credit; prepare and report
estimates of the revenue and expenditures of the State; super-
intend and enforce the prompt collection of all taxes and
revenue; adjust and settle, on terms prescribed by law, with
delinquent collectors and receivers of taxes and State revenue;
preserve all public accounts; and decide on the forms of keep-
ing and stating accounts. He, or such of his deputies as may be
authorized to do so by the Legislature, shall grant, under regu-
lations prescribed by Law, all warrants for money to be paid
out of the Treasury, in pursuance of appropriations by law,
and countersign all checks drawn by the Treasurer upon any
bank or banks in which the moneys of the State, may, from time
to time, be deposited. He shall prescribe the formalities of the
transfer of stock, or other evidence of the State debt, and
countersign the same, without which such evidence shall not be
valid; he shall make to the General Assembly full reports of all
his proceedings, and of the state of the Treasury Department
within ten days after the commencement of each Session; and
perform such other duties as shall be prescribed by law.
3. The Treasurer shall receive the moneys of the State,
and, until otherwise prescribed tby law, deposit them, as
soon as received, to the credit of the State, in such bank or
banks as he may, from time to time, with the approval of the
Governor, select (the said bank or banks giving security,
satisfactory to the Governor, for the safekeeping and forth-
coming, when required of said deposits), and he or such of his
deputies as may be authorized to do so by the Legislature shall
disburse the same for the purposes of the State according to
law, upon warrants drawn by the Comptroller, or his duly au-
thorized deputy, and on checks countersigned by the Comptrol-
ler, or his duly authorized deputy, and not otherwise. The
Treasurer or such of his deputies as may be authorized to do
so by the Legislature shall take receipts for all moneys paid
from the Treasury Department; and receipt for moneys re-
ceived by him shall be endorsed upon warrants signed by the
Comptroller, or such deputy as may be authorized to do so by
law, without which warrants, so signed, no acknowledgment of
money received into the Treasury shall be valid; and upon war-
rants issued by the Comptroller, or his duly authorized deputy,
the Treasurer shall make arrangements for the payment of the
interest of the public debt, and for the purchase thereof, on
account of the sinking fund. Every bond, certificate, or other
evidence of the debt of the State shall be signed by the Treas-


 
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Amendments to Maryland Constitutions
Volume 380, Page 198   View pdf image (33K)
 Jump to  
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