Md. Code, State Finance and Procurement § 6-210
This is the official text of Md. Code, State Finance and Procurement § 6-210, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§6–210.
Official statutory text
(a) (1) On request of the Treasurer, a depositary for State money shall submit to the Treasurer or a designee of the Treasurer a report that states:
(i) the total amount of State money on deposit with the depositary;
(ii) the total amount of collateral and deposit insurance for the money; and
(iii) the market value of the collateral for the money.
(2) Each national banking association that is a depositary for State money shall submit to the Comptroller of the Currency each report for which the Comptroller asks.
(3) Each banking institution that is a depositary for State money shall submit to the Commissioner of Financial Regulation each report for which the Commissioner asks.
(4) Each other bank that is a depositary for State money shall submit to the banking authority for the state where the bank has its principal office each report for which the banking authority of that state asks.
(b) On request of the Treasurer a custodian shall submit to the Treasurer or a designee of the Treasurer a report that states the total amount of collateral that a depositary has with the custodian.
(i) the total amount of State money on deposit with the depositary;
(ii) the total amount of collateral and deposit insurance for the money; and
(iii) the market value of the collateral for the money.
(2) Each national banking association that is a depositary for State money shall submit to the Comptroller of the Currency each report for which the Comptroller asks.
(3) Each banking institution that is a depositary for State money shall submit to the Commissioner of Financial Regulation each report for which the Commissioner asks.
(4) Each other bank that is a depositary for State money shall submit to the banking authority for the state where the bank has its principal office each report for which the banking authority of that state asks.
(b) On request of the Treasurer a custodian shall submit to the Treasurer or a designee of the Treasurer a report that states the total amount of collateral that a depositary has with the custodian.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.