Maryland Statutes
Subtitle 4 - Code Counties and Commission Counties
Section 9-406 - Payment of Premium for Bonds of County Officials

(a)    This section applies only to code counties and commission counties.
    (b)    This section does not apply to a clerk of court or a sheriff.
    (c)    If a county treasurer, tax collector, county commissioner, or any county official is required by law to give a bond:
        (1)    the county official shall give a bond executed by a surety company that is authorized to do business in the State; and
        (2)    the bond shall be approved by the county.
    (d)    (1)    The county may pay the premium for a bond given under subsection (c) of this section, not to exceed 0.5% per year of the penalty of an executed and approved bond.
        (2)    (i)    Except as provided in subparagraph (ii) of this paragraph, when a bond is executed and approved, the county commissioners may direct the payment of the premium of the bond from the general fund of the county in the same manner as required to pay general county debts.
            (ii)    The payment of the premium on the bond given by a register of wills or State’s Attorney shall be charged as an expense of that officer.

Structure Maryland Statutes