1210                           LAWS OF MARYLAND                      [CH. 578

The Comptroller shall, immediately upon the sale of and Payment
for said certificates, first return to and credit the Treasury for a
sum equivalent to the amount expended as provided for in Section
4 of this Act; the remainder of the proceeds of said loan shall be
credited on the books of the State Treasury Department to be
used as needed by the State, upon approval by the Board of Public
Works, and in accordance with the Provisions of the subheading
"Maryland Hospital Commission," in the subtitle Hospitals, in
Article 43 of the Annotated Code of Maryland, for loans to be made
to voluntary, non-profit hospitals for the construction expansion,
relocation, replacement or modernization of their hospital build-
ings, facilities and equipment. For the purposes of these expendi-
tures, the provisions and requirements of said subheading are in-
corporated with this section. No loan made hereunder shall be made
at a rate of interest greater than four and [one-eighth] five-eighths
per centum [4⅛] 4⅝ per annum.

At any time after June 30, 1970, the Board of Public Works may
direct that all loan funds constituting part of the proceeds of cer-
tificates of indebtedness issued under this Act and not previously
or then expended, granted or contracted for shall be transferred to
the Annuity Bond Fund and shall be applied to the debt service
requirements of the State; and all payments of principal and interest
received by the State on account of loans made to hospitals under
this Act shall be placed in the said Annuity Bond Fund and so applied.

Chapter 159 of the Acts of 1964

1. (d) The rate or rates of interest of the certificates to be issued
at any particular time not exceeding in any case [4%] 4½% per
annum, payable semi-annually.

Chapter 629 of the Acts of 1965

1. (d) The rate or rates of interest of the certificates to be issued
at any particular time not exceeding in any case [4%] 4½% per
annum, payable semi-annually.

Chapter 708 of the Acts of 1965

1. (d) The rate or rates of interest of the certificates to be issued
at any particular time not exceeding in any case [4%] 4½% per
annum, payable semi-annually.

Chapter 743 of the Acts of 1965

(d) The rate or rates of interest of the certificates to be issued
at any particular time not exceeding in any case [4%] 4½% per
annum, payable semi-annually.

Chapter 772 of the Acts of 1965

(d) The rate or rates of interest of the certificates to be issued
at any particular time not exceeding in any case [four per centum
(4%) ] 4½% per annum, payable semi-annually.