WM. PRESTON LANE, JR., GOVERNOR. 193

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That a new section be and it is hereby added to Article
13 of the Annotated Code of Maryland (1939 Edition), title
"Bills of Exchange and Promissory Notes", sub-title "Legal
Holidays", said new section to be known as Section 9A, to
follow immediately after Section 9 of said Article, and to
read as follows:

9A. It shall be lawful for any banking institution as de-
fined in Article 11 of the Annotated Code of Maryland to
remain closed on any one or more or all Saturdays, as it
may by resolution of its board of directors determine, from
time to time. Any Saturday on which any banking institu-
tion shall remain closed in accordance with the provisions
of this section shall, as to such banking institution, consti-
tute a legal holiday within the meaning of such term as
used in and for all purposes of Section 9 of this Article. In-
terest on any bill of exchange, draft or promissory note
presentable for payment on any Saturday on which such
banking institution shall remain closed in accordance with
the provisions of this section shall be computed down to and
including any such Saturday only, provided such bill of ex-
change, draft or promissory note is presented on the next
succeeding secular day.

The provisions of this section shall not apply to Caroline,
Queen Anne's, Somerset, Wicomico and Worcester Counties.

SEC. 2. And 6e it further ordained That all laws or parts
of laws inconsistent with the provisions of this Act be and
they are hereby repealed to the extent of such inconsistency.

SEC. 3. And be it further enacted, That this Act shall take
effect June 1, 1947.

Approved March 15, 1947.

CHAPTER 128.
(House Bill 71)

AN ACT to add a new section to Article 48A of the Annotated
Code of Maryland (1939 Edition), title "Insurance", sub-
title "General Provisions", said new section to follow imme-
diately after Section 40A, and to be known as Section 41,
providing retaliation against companies of other jurisdic-
tions whose home departments impose charges, require-
ments, obligations, prohibitions or restrictions greater than
those provided by other sections of the Maryland Insurance
Article.
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