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2020 Maryland Statutes
State Government
Title 5 - Treasurer
Section 5-103 - Conflicts of Interest
Universal Citation: MD. State Government Code Ann. § 5-103 (2020)
(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 company, or other financial institution in the State.
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