and 7.04 shall be made fully effective by the General Assembly by
law.

Section 39. Powers of Baltimore City to Issue Bonds.

Except as provided in section 41, the powers of Baltimore City
to borrow money on the faith and credit of Baltimore City and
to issue bonds or other evidences of indebtedness therefor shall
be subject only to such limitations and restrictions as to the
amount or method of issuance as may be applicable at the time
of such issuance to all counties which have adopted an instrument
of government, but nothing herein shall authorize Baltimore City
to issue any bonds except pursuant to an ordinance submitted to
the qualified voters approved by a majority of those voting on
the question. The effect of this section shall terminate on the
effective date of section 7.04.

FINANCE

Section 40. Delayed Effect of Certain Sections.

Sections 6.04, 6.05, 6.06 and 6.16 shall become effective July 1,
1969. Except insofar as section 6.07 is inconsistent with it, article
III, section 34, of the prior Constitution shall remain in effect
until July 1, 1969.

Section 41. Law Governing Bonds.

All bonds and other evidences of indebtedness authorized by the
General Assembly or by any local legislative body prior to the
effective date of this Constitution shall be governed by the consti-
tutional provisions and laws in effect at the time of authorization.

GENERAL PROVISIONS

Section 42. Sovereign Immunity.

Section 9.08 shall not be effective as to causes of action arising
prior to January 1, 1970.

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