J. MILLARD TAWES, Governor                     1359

company and the volunteer fire company or volunteer rescue squad
company shall pay 60 per cent of the cost of said insurance; and the
County Commissioners of Prince George's County shall annually levy
upon the assessable property of Prince George's County a tax suffi-
cient to pay for such portion of the cost of such insurance.]

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1963.

Approved April 30, 1963.

CHAPTER 628
(House Bill 662)

AN ACT to add new Section 663A to the Code of Public Local Laws
of Prince George's County (1953 Edition), being Article 17 of the
Code of Public Local Laws of Maryland, title "Prince George's
County," subtitle "Fire Companies," to follow immediately after
Section 663 thereof, and to be under the same subtitle, providing
that non-profit incorporated volunteer fire companies and/or
rescue squads in Prince George's County shall be an instru-
mentality of the county or of the municipality in which they
operate; and including provisions relating generally to the owner-
ship of fire companies and/or rescue squads in Prince George's
County.

Section 1. Be it enacted by the General Assembly of Maryland,
That new Section 663A be and it is hereby added to the Code of Public
Local Laws of Prince George's County (1953 Edition), being Article
17 of the Code of Public Local Laws of Maryland, title "Prince
George's County," subtitle "Fire Companies," to follow immediately
after Section 663 thereof and to be under the same subtitle, and to
read as follows:

663A.

(a)  All existing non-profit incorporated Volunteer Fire Companies
and/or Rescue Squads operating in Prince George's County are
hereby declared to be an instrumentality of Prince George's County
and/or the municipality in which they operate for the protection of
life and property from the hazards of fires, explosions and related
perils.

(b)  No income of such existing non-profit incorporated Volunteer
Fire Companies and/or Rescue Squads shall inure to any private
person.

(c)   The beneficial interest in any assets, real or personal, held by
such existing non-profit incorporated Volunteer Fire Companies
and/or Rescue Squads shall be vested in Prince George's County or
the municipality wherein such Volunteer Fire Companies and/or
Rescue Squads are located and operating, which said county or mu-
nicipality shall be vested with full legal ownership of all such assets
upon the retirement of all indebtedness of such Volunteer Fire Com-
panies and/or Rescue Squads.