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Session Laws, 1965
Volume 676, Page 774   View pdf image (33K)
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774                             LAWS OF MARYLAND                     [CH. 561

the same force and effect as regards the common property, rights
and liabilities of such association or joint stock company as if it
were prosecuted by or against all the members or shareholders
thereof. No such action shall abate by reason of the death, resigna-
tion, removal or incapacity of any officer, member or shareholder of
such association or joint stock company or by reason of any change
in the membership thereof or share ownership therein; nor shall
any such action abate by reason of the dissolution of any such
association or joint stock company, but such action may be con-
tinued with such change of parties, if any, as the court in which
the same is pending shall direct. Any money judgment against such
association or joint stock company shall be enforceable only against
such association or joint stock company as an entity and against its
assets, and shall not be enforceable against any individual member
or shareholder or his assets.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1965.

Approved April 8, 1965.

CHAPTER 561
(Senate Bill 442)

AN ACT to repeal and re-enact, with amendments, Section 146 of
Article 81 of the Annotated Code of Maryland (1957 Edition), title
"Revenues and Taxes", sub-title "Tax on Commissions of Executors
and Administrators", to grant an executor the right to take an
appeal to the circuit court of the county (Supreme Bench of Balti-
more City) if he is dissatisfied with the amount of commissions
allowed by the Orphan's Court of said county (Baltimore City).

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 146 of Article 81 of the Annotated Code of Maryland
(1957 Edition), title "Revenues and Taxes", sub-title "Tax on Com-
missions of Executors and Administrators", be and it is hereby re-
pealed and re-enacted, With amendments, to read as follows:

146.

The several orphans' courts shall fix the commissions of executors
within twelve months from the grant of administration, and in all
subsequent accounts where executors shall charge themselves with
further assets, and they shall fix such commissions in all cases, in
which letters of administration have been or may hereafter be
granted, whether commissions are claimed by the executors or not;
and all commissions so fixed shall be subject to the tax imposed by
the foregoing section; provided that where commissions are allowed
both to an administrator or executor and an administrator de bonis
non or pendente lite on the same property or funds, the said tax shall
be paid but once.

In the event an executor is dissatisfied with the amount of com-
missions fixed by the orphans' court he may, within six months


 

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Session Laws, 1965
Volume 676, Page 774   View pdf image (33K)
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