J. MILLARD TAWES, Governor 325
CHAPTER 76
(House Bill 28)

AN ACT to repeal and re-enact, with amendments, Sections 4 and 5
of Article 19A of the Annotated Code of Maryland (1961 Supple-
ment), title "Conflicts of Interest", amending two sections in the
so-called Conflicts of Interest law in order to correct errors
therein.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Sections 4 and 5 of Article 19A of the Annotated Code of
Maryland (1961 Supplement), title "Conflicts of Interest", be and
they are hereby repealed and re-enacted, with amendments, to read
as follows:

4.

Any person who violates any of the provisions of this [section]
Article shall be deemed guilty of a misdemeanor and shall, on con-
viction thereof, be punished by a fine of not more than one thousand
dollars or by imprisonment for not more than one year, or both; and,
in addition, it shall be obligatory upon the Governor of the State of
Maryland, or the employing agency, as the case may be, following
such conviction, forthwith to dismiss such convicted person from
his office or position.

5.

Any transaction entered into by any agency of this State in
violation of this [section] Article may be set aside in a suit brought
on behalf of the State of Maryland by the Attorney General, unless
the court finds that such transaction is in the public interest, and
the burden of proof shall be upon the party seeking to uphold such
transaction to show that avoidance of such transaction would not
be in the public interest. Except as herein provided, no transaction
of such agency shall be set aside because of violation of this [section]
Article or on the ground of conflict of interest.

SEC. 2. And be it further enacted, That this Act shall take effect
June 1, 1962.

Approved March 23, 1962.

CHAPTER 77
(House Bill 29)

AN ACT to repeal and re-enact with amendments Section 12 (b) of
Article 31 of the Annotated Code of Maryland (1961 supplement),
title "Debt—Public", sub-title "Public Securities", sub-heading
"Conditions upon Sale of Public Securities", correcting an error
in the law concerning the covenants to be made by certain public
bodies with respect to the issue of bond anticipation notes.