§ 10-121. Deposits; interest.

Latest version.

(a)

All County taxes shall be paid in cash or in matured coupons of Prince George's County bonds. All money collected by the Director of Finance and belonging to the County shall be deposited by him, as soon as collected, in the name of the Director of Finance of the County, and not in his individual name, in such amounts and in such safe bank of the County as approved by him.

(b)

Any and all interest earned by funds shall be credited to the respective accounts of the Director of Finance semiannually, and accounted for by him.

(Laws 1898, ch. 222, Sec. 113; PLL 1912, Art. 17, Sec. 215; Laws 1918, ch. 18; PLL 1930, Art. 17, Sec. 347; Laws 1933 (Sp. Sess.), ch. 41; 1943 Code, Sec. 446; 1953 Code, Sec. 485; PLL 1963, Sec. 20-8)

                    
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