§122. Conditions of bond; filing
The condition of the Treasurer of State's bond shall be for the faithful discharge of all the duties of his office, and that during his continuance in office he will not engage in trade or commerce, or act as broker, agent or factor for any merchant or trader; and that he, or his executors, administrators or sureties, or their executors or administrators, shall render a just and true account of all his agents' and servants' doings and transactions in the office to the Legislature, or to such committee as it appoints, on the first day of each regular session of the Legislature, previous to the choice of a new treasurer, and at any other time when required by the Legislature or the Governor; and that he will settle and adjust said account and faithfully deliver to his successor in office or to such person as the Legislature appoints, all moneys, books, property and appurtenances of said office, in his, or any of his agents' possession, and pay over all balances found due on such adjustment. Such bond, when approved as the Constitution prescribes, shall be lodged in the office of the State Auditor. [PL 1975, c. 771, §35 (AMD).]
SECTION HISTORY
PL 1975, c. 771, §35 (AMD).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
5 §121. Office; bond; salary; deputy; fees
5 §122. Conditions of bond; filing
5 §123. Bond premiums to be paid by State
5 §124. Governor may require new bond
5 §125. Personal use or receipt of money from treasury or credit prohibited
5 §126. -- Attorney General to prosecute violations
5 §127. Governor may hear complaints; removal from office
5 §128. Appointment of commissioner to fill vacancy (REPEALED)
5 §130. Payment of receipts into State Treasury
5 §131. Departmental collections
5 §132. Records; collections (REPEALED)
5 §133. Payments to be withheld and applied on accounts
5 §135. Deposit of state funds; limitations
5 §135-A. Establishment of other special revenue accounts
5 §137. Purchase of unmatured bonds of State
5 §138. Custody and servicing of securities; investment of trust funds; exceptions; prorations
5 §139. Disposal of money and securities
5 §140. -- Restoration of permanent trust funds (REPEALED)
5 §141. -- "Reserve against future losses" account (REPEALED)
5 §142. -- investment of sinking funds
5 §143. Register of investments and Treasurer of State's report
5 §144. Form of unregistered bonds
5 §145-B. Issuance of registered bonds; miscellaneous provisions
5 §145-C. Capital appreciation bonds
5 §146. Equivalent bond to be issued on assignment
5 §147. Cancellation and registry of old bonds
5 §148. Cremation of old bonds
5 §149. Signature of outgoing Treasurer of State valid
5 §150. Temporary loans by State
5 §150-A. Short-term borrowing in anticipation of federal transportation funds
5 §151. Funds of professional licensing boards
5 §151-A. Income from temporary investment of bonds
5 §152. Ratification of bond issue; signed statement
5 §154. Services to nonstate agencies
5 §156. Authorization to establish program; payments for MaineCare benefits prohibited