HERBERT R. O'CONOR, GOVERNOR. 1331

appeal, either by the licensee, aggrieved thereby, or of the
Administrator of Loan Laws. Such appeal must be taken
within ten (10) days of the final judgment or determination
of the lower court,

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1943.

Approved May 6? 1943.

CHAPTER 756.
(Senate Bill 50)

AN ACT to repeal and re-enact, with amendments, Section 17
of Article 58A of the Annotated Code of Maryland (1939
Edition), title "Loans—Petty77, and to repeal Section 19 of
of said Article, prohibiting a licensee from receiving an
assignment or order for the payment of wages, salary, com-
mission or other compensation for services as security for a
loan.

SECTION 1. Be it enacted Ity the General Assembly of Mary-
land, That Section 17 of Article 58A of the Annotated Code of
Maryland (1939 Edition), title "Loans—Petty", be and it is
hereby repealed and re-enacted, with amendments, to read as
follows:

17. No licensee shall take as security for a loan any con-
fession of judgment, assignment or order for payment of wages,
salary, commissions or other compensation for services, or any
power of attorney, nor shall he take any note, promise to pay,
or security that does not state the actual amount of the loan,
the time for which it is made and the rate of interest charged,
nor any instrument in which blanks are left to be filled after
execution. Nothing in this Article shall be construed to au-
thorize any sale, assignment or order for the payment of any
wages, salaries, commissions or other compensation for services.

The payment of three hundred dollars (|300. 00) or less in
money, credit, goods or things in action, as a consideration for
any sale, or for the payment of wages, salary, commission or
other compensation for services, whether earned or to be
earned, shall be deemed a loan within the provisions of this
Article and the amount by which such assigned compensation
exceeds such payment shall be deemed interest upon such loan
from the date of such payment to the date of such compensa-