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Session Laws, 1990 Session
Volume 436, Page 669   View pdf image (33K)
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WILLIAM DONALD SCHAEFER, Governor Ch. 173

(C) THE PROVISIONS OF THIS SECTION DO NOT PROHIBIT A PERSON
FROM:

(1) REQUESTING THE DRAWER TO DISPLAY A CREDIT CARD
FOR PURPOSES ONLY OF IDENTIFICATION OR CREDIT WORTHINESS; OR

(2) REQUESTING OR RECORDING THE TYPE OR ISSUER OF A
CREDIT CARD OF THE DRAWER; OR

(31 RECORDING THE NUMBER AND EXPIRATION DATE OF A
CREDIT CARD IF THE PERSON REQUESTING THE INFORMATION HAS AGREED
WITH THE CREDIT CARD ISSUER TO CASH CHECKS AS A SERVICE TO THE
ISSUER'S CARDHOLDERS AND THE ISSUER HAS AGREED TO GUARANTEE
PAYMENT OF CARDHOLDER CHECKS CASHED BY THAT PERSON.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1990 January 1, 1991.

Approved April 24, 1990.

CHAPTER 173
(House Bill 654)

AN ACT concerning

Small Denomination Bonds

FOR the purpose of authorizing certain public bodies to sell small denomination bonds
in integral multiples within a certain limit.

BY repealing and reenacting, with amendments,
Article 31 - Debt - Public
Section 29(b)

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 31 - Debt - Public

29.

(b) (1) Notwithstanding any other provision of law to the contrary, a public
body authorized by law to issue and sell bonds may sell bonds in denominations of
$1,000 or less and in any form, if the public body determines the issuance and sale to be
in the public interest.

(2) THE AUTHORIZED PUBLIC BODY MAY SELL THE BONDS IN

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Session Laws, 1990 Session
Volume 436, Page 669   View pdf image (33K)
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