A financial officer may not invest public money of a governmental entity in a manner that is inconsistent with the entity’s local investment policy.
Structure Maryland Statutes
Title 17 - Investment by Local Government
Subtitle 2 - Local Government Investment Guidelines
Section 17-202 - Conflict With Other Laws
Section 17-203 - Scope of Subtitle
Section 17-204 - Adoption and Requirements
Section 17-205 - Local Investment Policy
Section 17-206 - Restriction on Investments