- (a) In this section, “claim” includes a claim that is reduced to judgment.
(b) Subject to the limitations in this section, the Comptroller may settle a claim of the State that has been in arrears for at least 2 years:
- (1) against a person who receives or collects State money;
- (2) against the surety of that person; or
- (3) against any other person.
- (c) Before settling a claim under this section, the Comptroller shall examine the claim thoroughly and shall be satisfied that the State could not collect the claim through legal process.
- (d) To settle a claim so as best to serve the interests of the State, the Comptroller may abate, wholly or partly, the principal or interest that is due to the State.
- (e) The Comptroller shall discharge a person and the surety of the person when the agreed sum is paid into the State Treasury.
(f)
- (1) If a claim is settled without payment in full, the Comptroller shall keep a record that states the facts on which the settlement was based.
- (2) The record shall be kept in the Office of the Comptroller.
Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985.
Formerly Art. 19, § 26.