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