SPIRO T. AGNEW, Governor 1005
ing the preservation of sites, objects, and materials of archaeological
significance for the people of this State.
110L.
THE MARYLAND GEOLOGICAL SURVEY COMMISSION
MAY ACCEPT GIFTS, LEGACIES, BEQUESTS, AND ENDOW-
MENTS FOR ANY PURPOSE WHICH FALLS WITHIN THE
DOMINION OF THE ADVISORY COMMITTEE ON ARCHAE-
OLOGY, AND UNLESS OTHERWISE SPECIFIED BY THE PER-
SON MAKING SUCH GIFT, LEGACY, BEQUEST, AND ENDOW-
MENT, THE COMMISSION MAY EXPEND BOTH PRINCIPAL
AND INCOME OF ANY SUCH GIFT, BEQUEST, LEGACY, OR
ENDOWMENT OF MONEY UPON THE ADVICE OF THE COM-
MITTEE OR INVEST THE SAME IN WHOLE OR IN PART IN
GENERAL OBLIGATIONS OF THE STATE OF MARYLAND.
Sec. 3. And be it further enacted, That this Act shall take effect
July 1, 1968.
Approved May 7, 1968.
CHAPTER 542
(Senate Bill 356)
AN ACT to repeal and re-enact, with amendments, Section 151(d)
of Article 66½ of the Annotated Code of Maryland (1967 Replace-
ment Volume), title "Motor Vehicles," subtitle "Unsatisfied Claim
and Judgment Fund," to provide for maintaining the fund by
assessment not to exceed a certain per centum of the net direct
written premiums of insurers during the preceding calendar year
and by assessments against those persons registering uninsured
motor vehicles, against motorists whose vehicles become uninsured,
to fix certain amounts to be paid as penalties by persons whose
motor vehicles become uninsured under the Unsatisfied Claim and
Judgment Fund Law during the registration year, which amounts
are in addition to the regular uninsured motorist's charges, and
relating generally to the maintenance of the fund and the penaliz-
ing of uninsured motorists.
Section 1. Be it enacted by the General Assembly of Maryland,
That Section 151(d) of Article 66½ of the Annotated Code of Mary-
land (1967 Replacement Volume), title "Motor Vehicles," subtitle
"Unsatisfied Claim and Judgment Fund," be and it is hereby re-
pealed and re-enacted, with amendments to read as follows:
151(d)
On or before December 30 in each year, beginning with 1961, and
in the case of the assessment against insurers provided for in para-
graph (1) below, at such time or times during the year as is neces-
sary to insure the solvency of the fund, the Unsatisfied Claim and
Judgment Fund Board shall calculate the probable amount which
will be needed to carry out the provisions of this subtitle during
the ensuing registration license year. If, in its judgment, the esti-
|
|