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Session Laws, 1965
Volume 676, Page 1212   View pdf image (33K)
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1212                            LAWS OF MARYLAND                      [CH. 780

THE COURT OF APPEALS BY ITS RULES AND REGULATIONS
SHALL AUTHORIZE AND DIRECT THE TRUSTEES OF THE
FUND TO GIVE DUE CONSIDERATION OR ALLOW EQUI-
TABLE ADJUSTMENT FOR THE CONTRIBUTIONS THERE-
TOFORE MADE BY MEMBERS OF SUCH LOCAL BAR AS-
SOCIATION, UNTIL SUCH TIME AS THERE SHALL BE
REASONABLE EQUALIZATION OF PAYMENTS REQUIRED
TO THE FUND BY THE RULES AND REGULATIONS ESTAB-
LISHED AS AUTHORIZED BY THIS ACT.

Approved May 4, 1965.

CHAPTER 780
(House Bill 208)

AN ACT relating to the Washington Suburban Sanitary District,
repealing and re-enacting, with amendments, subsection (c) of
Section 83-63 of the Code of Public Local Laws of Prince George's
County (1963 Edition) and subsection (c) of Section 73-49 of the
Montgomery County Code (1960 Edition), being Articles 17 and
16, respectively, of the Code of Public Local Laws of Maryland,
titles "Prince George's County" and "Montgomery County," sub-
title "Washington Suburban Sanitary District," relating to the
issuance of bond anticipation notes of the Sanitary District., PRO-
VIDING THAT THE SAME SHALL BE GENERAL OBLIGA-
TIONS OF THE DISTRICT, AND PROVIDING FOR THE
MANNER OF EXECUTION THEREOF.

Section 1. Be it enacted by the General Assembly of Maryland,
That subsection (c) of Section 83-63 of the Code of Public Local
Laws of Prince George's County (1963 Edition), being Section 73-49
of the Montgomery County Code (1960 Edition) and being Articles
17 and 16, respectively, of the Code of Public Local Laws of Mary-
land, titles "Prince George's County" and "Montgomery County,"
subtitle "Washington Suburban Sanitary District," be and it is re-
pealed and re-enacted, with amendments, to read as follows:

83-63. (73-49.)

(c) Said Commission is hereby authorized and empowered to issue
from time to time, in such manner as it may determine, its negotiable
notes and/or certificates of indebtedness, the aggregate amount of
which shall not at any one time exceed five million dollars ($5,000,-
000), in anticipation of the issuance of bonds authorized under this
section; provided, however, that no such notes and/or certificates
of indebtedness shall be issued if the amount thereof together with
the aggregate amount of bonds authorized hereunder shall exceed
the limitation of indebtedness prescribed in Subsection (a) hereof.
All of said notes and/or certificates of indebtedness shall be issued
for periods of not exceeding one (1) year and may be renewed from
time to time for periods of not exceeding one (1) year, but such notes
and/or certificates of indebtedness, including renewals, shall mature
and be paid not more than five (5) years from the date of the

 

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Session Laws, 1965
Volume 676, Page 1212   View pdf image (33K)
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