Baltimore City Code art. 5, subtit. 5 — Investments | Baltimore City Code (current through Ord. 26-129 (July 17, 2026); publication of Oct. 18, 2026) — City of Baltimore

Baltimore City Code, Article 5, § 5-1 Rules, regulations, or guidelines for investments.

§ 5-1. Rules, regulations, or guidelines for investments. The Board of Finance of the City of Baltimore is hereby designated as the agency of the Mayor and City Council of Baltimore which is authorized to adopt rules, regulations or guidelines covering the exercise of the investment authority granted to the Treasurer of Baltimore City by Chapter 755 of the Laws of Maryland of 1974. (Ord. 74-749.)

Baltimore City Code, Article 5, § 5-2 Local government investment policy.

§ 5-2. Local government investment policy. (a) State guidelines adopted. The Mayor and City Council of Baltimore shall be governed by a local government investment policy that is consistent with and complies with the local government investment guidelines adopted in under State Code Article 95, § 22F. (b) Board of Finance to adopt and implement policy. The Board of Finance shall adopt and implement the local government investment policy for Baltimore City. (c) Amendments. Any amendments to the City’s local government investment policy: (1) shall be consistent with the local government investment guidelines; and (2) shall be submitted to the State Treasurer in accordance with State Code Article 95, § 22F. (d) Commercial non-discrimination. Consistent with the requirements of this section, the Board of Finance shall amend the City’s local government investment policy to be consistent with Subtitle 29 {“Commercial Non-Discrimination Policy”} of this article and to ensure that no City funds are invested in or through business entities that are in violation of the City’s Commercial Non-Discrimination Policy. (Ord. 06-186; Ord. 95-611.)