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Session Laws, 1961
Volume 654, Page 1011   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR                              1011

1892, by Chapter 337 of the Acts of 1902, and by Chapter 131 of
the Acts of 1922, by adding new Section 7A thereto, said new
amendment providing for exemption from regulation under Sec-
tions 161A through 161KK of Article 23 of the Annotated Code of
Maryland (1957 Edition) so long as said Association shall not
accept free share deposits.

Section 1. Be it enacted by the General Assembly of Maryland,
That the corporate charter of the Salisbury Building and Loan Asso-
ciation, as amended by Chapter 171 of the Acts of 1892 by Chapter
337 of the Acts of 1902, and by Chapter 131 of the Acts of 1922, be
further amended by adding a new section to said corporate charter
to be known as Section 7A and to read as follows:

7A.

So long as this corporation shall not accept free share deposits, it
shall be exempt from the provisions of Sections 161A through 161KK
of Article 23 of the Annotated Code of Maryland (1957 Edition),
title "Corporations", sub-title "Building or Homestead Associa-
tions", as these sections were enacted by Chapter 205 (Senate Bill
254) of the 1961 Session of the General Assembly, as the same now
are or shall be from time to time hereafter amended.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1,1961.

Approved May 3, 1961.

CHAPTER 626

(Senate Bill 40)

AN ACT to repeal Section 192 of Article 10 of the Code of Public
Local Laws of Maryland (1930 Edition), title "Dorchester Coun-
ty", sub-title "Taxes", as said section was last amended by Chapter
362 of the Acts of 1933, and to enact a new Section 192 in lieu
thereof, to stand in the place of the section so repealed, eliminating
obsolete provisions concerning the making of assessments in Dor-
chester County, and making this law conform to the present state-
wide laws for assessing property for taxation.

Whereas, In Section 192 of the Local Laws of Dorchester County,
there are detailed provisions concerning the appointment of assessors
by the County Commissioners and the work of these assessors in
assessing property for taxation; and

Whereas, These provisions now are completely obsolete under
statewide laws contained in Article 81 of the Annotated Code; and

Whereas, It is desirable to eliminate the obsolete laws and to make
this section conform to the present state laws on the subject; now,
therefore,

Section 1. Be it enacted by the General Assembly of Maryland.
That Section 192 of Article 10 of the Code of Public Local Laws of

 

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Session Laws, 1961
Volume 654, Page 1011   View pdf image (33K)
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