Section 5-102.1 - Surety bond - Duties as custodian of the Unemployment Insurance Fund. - Maryland Statutes

§ 5-102.1. Surety bond - Duties as custodian of the Unemployment Insurance Fund.
 

(a)  In general.- 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)  Condition; requirements.- 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 to the State; 

(3) be in an amount that the Secretary approves; and 

(4) be in a form required by law or approved by the Attorney General. 
 

[1991, ch. 8, § 3.]