1104 Laws of Maryland [Ch. 685
and Brokers", be and it is hereby repealed and re-enacted, with
amendments, to read as follows:
(4) (a) The Insurance Commissioner may issue an insurance ad-
visor's license to any person who is a legal resident of this State, or
who is a non-resident licensed as an insurance adviser in the State
of his residence, hereinafter designated as a licensee, who is trust-
worthy and competent to act as an insurance adviser in such manner
as not to jeopardize the public interest and who has complied with
the prerequisites herein prescribed.
(b) The Commissioner in addition to issuing the regular insurance
advisor's licenses may also issue limited insurance advisor's licenses
limiting the authority of the licensee to an extent agreed upon with
said licensee and said limitations shall be set forth in said license.
In all other respects, the granting of limited insurance advisor's
licenses shall be governed by the laws relating to insurance advisors
as set out in this sub-title.
Sec. 2. And be it further enacted. That this Act shall take effect
June 1, 1957.
Approved April 10, 1957.
CHAPTER 685
(House Bill 783)
AN ACT to add five (5) new sections to the Code of Public Local
Laws of Prince George's County of 1953 being Article 17 of the
Code of Public Local Laws of Maryland, title "Prince George's
County", said new sections to be under the new sub-title "George
Washington Memorial Parkway" and to be numbered Sections
701A to 701E, inclusive, said new sections granting to the County
Commissioners for Prince George's County the power and authority
to enter into agreements with the United States, acting through
the National Capital Planning Commission, for financing the
acquisition of lands to be used for a portion of the George Wash-
ington Memorial Parkway in Prince George's County outside of
the Maryland-Washington Metropolitan District, said agreements
including the power to levy ad valorem taxes to provide funds
necessary to satisfy all obligations, not in excess of One Million
Dollars ($1,000,000) in the aggregate, which may be incurred in
such financing; said new sections providing in the alternative for
the issuance and sale of not exceeding One Million Dollars ($1,000,-
000) of general obligation non-interest bearing bonds for the
aforesaid financing, stating the manner of issuing and sale of
said bonds, limiting the maturity of such bonds to eight (8) years
from the date of their issue, and authorizing the levying of ad
valorem taxes in rate and amount sufficient to pay the maturing
principal of said bonds when due.
"Explanation: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.
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