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Session Laws, 1960
Volume 641, Page 273   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR 273
CHAPTER 108
(Senate Bill 110)

AN ACT to repeal and re-enact, with amendments, Section 26 of
Article 53 of the Annotated Code of Maryland (1957 Edition),
title "Landlord and Tenant", sub-title "Distress for Rent", relating
to liens on crops for advance made by certain persons, associations
or institutions.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 26 of Article 53 of the Annotated Code of Maryland
(1957 Edition), title "Landlord and Tenant", sub-title "Distress for
Rent", be and it is hereby repealed and re-enacted, with amendments,
to read as follows:

26.

Whenever the Reconstruction Finance Corporation, regional agri-
cultural credit corporations, the Secretary of Agriculture of the
United States, or any federal agency, including the United States of
America, now or hereafter authorized to lend money to agricultural
producers, or any national or State bank, trust company, agricultural
credit corporation, incorporated livestock loan company, savings in-
stitution, cooperative bank, cooperative credit association, cooperative
marketing association, entitled to rediscount privileges with the
Federal Intermediate Credit Bank under the provisions of the Agri-
cultural Credits Act of one thousand nine hundred twenty-three of
the United States, or any person, firm or corporation all of whom are
hereinafter referred to as "lienees",
[hereinafter designated as
lienees, ] makes advances either in money or supplies or other things
of value to any person, association, partnership or corporation en-
gaged in or about to engage in agricultural pursuits, such of the
lienees so making such advances shall have a lien during such time
as such advances remain unpaid on all of the crops which may be
planted or seeded or fruit crops maturing upon the lands in or about
the cultivation of which the advances so made have been or were in-
tended to be expended, after the making of such advances until the
repayment of such advances; but such of the lienees making such ad-
vances shall not have the benefit of a lien unless there is an agree-
ment in writing, signed by both parties, in which there is specified
the amount advanced, or a limit to be fixed, beyond which any ad-
vances, made from time to time, within one year from the date of
the agreement, shall not go, and the said agreement shall contain a
brief description of the land so cultivated or to be cultivated; and
said agreement shall be acknowledged in the same manner as chat-
tel mortgages and shall not be valid except as between the parties
unless such of the lienees so making the advances or its agent shall
make an affidavit that the consideration in said agreement is true
and bona fide as therein set forth; and the said agreement may be
recorded in the office of the clerk of the circuit court for the county
in which the land upon which said crops shall be planted or intended
to be planted, is situate; and if said land lies in more than one county,

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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Session Laws, 1960
Volume 641, Page 273   View pdf image (33K)
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