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2018 Maryland Code
Title 4 - Comptroller
§ 4-102. Surety bond
Universal Citation: MD State Govt Code § 4-102 (2018)
(a) Required. -- While in office, the Comptroller shall be covered by a surety bond as required in this section.
(b) Form and conditions. -- The surety bond of the Comptroller shall:
(1) run to the State;
(2) be in the amount of $ 200,000;
(3) be with surety that the Governor approves; and
(4) be conditioned on the Comptroller:
(i) accounting for the funds that are received under color of office; and
(ii) otherwise discharging faithfully each duty of office.
(c) Filing. -- After execution and approval of a surety bond under this section, the surety bond shall be recorded in the office of the Clerk of the Court of Appeals.
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