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Session Laws, 1966
Volume 678, Page 1310   View pdf image (33K)
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1310                            LAWS OF MARYLAND                      [CH. 742

Sec. 8. And be it further enacted, That, in the issuance of any of
the bonds authorized hereby, the County may, prior to the prepara-
tion of definitive bonds or obligations, issue interim certificates or
temporary bonds, with or without coupons, exchangeable for defini-
tive bonds when such bonds or obligations have been executed and
are available for delivery, provided, however, that any such interim
certificates or temporary bonds shall be issued in all respects subject
to the restrictions and requirements set forth herein. The County
may, by appropriate resolution, provide for the replacement of any
bonds issued hereunder which shall have become mutilated or be
destroyed or lost upon such conditions and after receiving such in-
demnity as the County may think it proper and necessary to stipu-
late and require.

Sec. 9. And be it further enacted, That any and all obligations
issued pursuant to the authority of this Act, the interest payable
thereon, and the income derived therefrom in the hands of the holders
thereof from time to time, shall be and is hereby declared to be
exempt from State, county and municipal taxation of every kind
and nature whatsoever in the State of Maryland.

Sec. 10. And be it further enacted, That the authority to borrow
money and issue bonds conferred on the County by this Act shall
be deemed to provide an additional and alternative authority for
borrowing money and shall be regarded as supplemental and addi-
tional to powers conferred upon the County by other laws and
shall not be regarded as in derogation of any power now existing;
and all Acts of the General Assembly of Maryland heretofore passed
authorizing the County to borrow money are hereby continued
to the extent that the powers contained in such acts have not hereto-
fore been exercised, and nothing herein contained shall be con-
strued to impair, in any way whatsoever, the validity of any bonds
which may have been issued by the County under the authority
of any of said Acts, and the validity of said bonds is hereby rati-
fied, confirmed and approved. This Act, being necessary for the
welfare of the inhabitants INHABITANTS of Prince George's
County, shall be liberally construed to effect the purposes hereof. All
acts and parts of acts inconsistent with the provisions of this Act are
hereby repealed to the extent of such inconsistency.

Sec. 11. And be it further enacted, That this Act shall take effect
June 1, 1966.

Approved May 6, 1966.

CHAPTER 742
(House Bill 361)

AN ACT to repeal and re-enact, with amendments, Section 606 of
Article 43 of the Annotated Code of Maryland (1965 Replacement
Volume), title "Health," subtitle "Physical Therapy," to expand
the membership of the State Board of Physical Therapy Examin-
ers to provide for the appointment, terms and qualifications of

 

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Session Laws, 1966
Volume 678, Page 1310   View pdf image (33K)   << PREVIOUS  NEXT >>


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