Maryland § 4-102
Full text of Maryland Maryland Code § 4-102, with citation guidance and answers to common questions.
§ 4-102.
(a) While in office, the Comptroller shall be covered by a surety bond or an insurance policy as required in this section.
(b) A 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 Supreme Court of Maryland.
(d) The State Treasurer shall determine the type and amount of coverage to be provided by an insurance policy purchased under subsection (a) of this section and keep record of any insurance policy procured to meet the requirements of subsection (a) of this section.
Frequently Asked Questions About Maryland § 4-102
What does Maryland Code § 4-102 cover?
Section 4-102 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 4-102?
A common citation format is "Maryland Code § 4-102" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 4-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.