WILLIAM DONALD SCHAEFER, Governor Ch. 699
LOCATION AS, ANOTHER EXISTING LICENSE.

(3) PARAGRAPH (2) OF THIS SUBSECTION SHALL APPLY ONLY
IF:

(I) THERE ARE NO PROHIBITIONS SPECIFIED IN THIS
ARTICLE APPLICABLE TO THE NEW LICENSE AT THE LOCATION IN
WHICH THE LICENSE IS TO BE TRANSFERRED;

(II) THE EXISTING LICENSE AT THE LOCATION IS HELD IN
INOPERATIVE STATUS AS DETERMINED BY THE BOARD OF LICENSE
COMMISSIONERS OF BALTIMORE CITY; AND

(III) THE EXISTING LICENSE AT THE LOCATION IS
REVOKED 180 DAYS AFTER THE EFFECTIVE DATE OF THE TRANSFER OF
THE NEW LICENSE UNLESS IT IS TRANSFERRED TO A NEW HOLDER AND
LOCATION AS APPROVED BY THE BOARD OF LICENSE COMMISSIONERS.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1990.

Approved May 29, 1990.

CHAPTER 699
(House Bill 1470)

AN ACT concerning

Maryland Property Insurance Availability Act - Extension of Termination Date

FOR the purpose of extending the termination date of the Maryland Property
Insurance Availability Act.

BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 478-1

Annotated Code of Maryland
(1986 Replacement Volume and 1989 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 48A - Insurance Code

478-1.

This subtitle shall no longer be of any force after June 30, [1990] 1992; except that
obligations incurred by the Association established pursuant to the provisions of this
subtitle shall not be impaired by the expiration of this subtitle and such Association

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