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Terms Used In Maryland Code, STATE GOVERNMENT 4-102

  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
(a) While in office, the Comptroller shall be covered by a surety bond as required in this section.

(b) 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) 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.