Maryland Statutes

§ 5-205

Maryland·Article glg Local Government·Title 5
(a)(1) A municipality may provide for the control and management of its finances.
(2)The municipality may:
(i)designate the banks or trust companies of the State in which the municipality shall deposit all money belonging to the municipality; and
(ii)provide for the appointment of an auditor or accountant to audit the books and accounts of municipal officers collecting, handling, or disbursing money belonging to the municipality.
(b)(1) A municipality may spend money for any public purpose and to affect the safety, health, and general welfare of the municipality and its occupants.
(2)Except as provided in paragraph (4) of this subsection, a municipality may not spend money under paragraph (1) of this subsection

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