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Session Laws, 1937
Volume 412, Page 317   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 317

SECTION 2. And be it further enacted, That if any provision
of this act or the application thereof to any person or circum-
stances is held invalid, such invalidity shall not affect other
provisions or applications of the act which can be given effect
without the invalid provision or application, and to this end
the provisions of this act are declared to be severable.

SECTION 3. And be it further enacted, That all acts and
parts of acts inconsistent with the provisions of this act and
not expressly repealed herein are hereby repealed.

SECTION 4. And be it further enacted, That this act may
be cited as the Uniform Criminal Extradition Act.

SECTION 5. And be it -further enacted, That this Act is
hereby declared to be an emergency law and necessary for
the immediate preservation of the public safety, and, being
passed upon a yea and nay vote, supported by three-fifths of
all members elected to each of the two Houses of the General
Assembly, the same shall take effect from the date of its
passage.

Approved May 18, 1937.

CHAPTER 180.

AN ACT to repeal and re-enact, with amendments, Section 62
of Article 11 of the Annotated Code of Public General Laws
of Maryland (1935 Supplement), title "Banks and Trust Com-
panies", sub-title "General Regulations", requiring State
Banks and trust companies to maintain a reserve on time
deposits.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 62 of Article 11 of the Annotated Code of
Public General Laws of Maryland, 1935 Supplement, title
"Banks and Trust Companies", sub-title "General Regula-
tions", be and the same is hereby repealed and re-enacted, with
amendments, so as to read as follows:

62. Every bank (other than a savings bank without capital
stock) shall keep on hand at all times a reserve of at least 15
per cent, of its deposits, payable on demand; which reserve

 

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Session Laws, 1937
Volume 412, Page 317   View pdf image (33K)
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