1126                            LAWS OF MARYLAND                     [CH. 442

Sec. 2. And be it further enacted, That Section 43 of Article
23A of the said Code (1966 Replacement Volume), title "Corpora-
tions—Municipal," subtitle "Home Rule," subheading "Repeal of
Charter," be and it is hereby repealed and re-enacted, with amend-
ments, to read as follows:

43.

If any municipal corporation, subject to any of the provisions of
this Article, shall fail for three successive years to file with the
[State Fiscal Research Bureau] Department of Fiscal Services a
comprehensive statement of financial condition as required by Sec-
tion [149 of Article 41] 61 of Article 40 of this Code, and the
Director of the [Fiscal Research Bureau] Department of Fiscal
Services shall have reasonable cause to suppose that the municipal
corporation is no longer actively operating as such under its charter,
and the [State] Legislative Auditor shall certify that the municipal
corporation has no obligations or debts outstanding and unpaid, the
Director of the [Fiscal Research Bureau] Department of Fiscal
Services shall promptly certify all such facts to the Secretary of
State. Upon receiving such a certification, the Secretary of State
shall forthwith issue a public proclamation, declaring that the
charter of the municipal corporation, including all amendments and
additions thereto, is repealed under the provisions of this section.
Copies of the proclamation shall be filed by the Secretary of State
with the Clerk of the Court of Appeals, the clerk of the circuit
court of the county in which the municipal corporation is located,
and the Department of Legislative Reference. Upon the first day of
the month next after the issue of any such proclamation, the charter
of the town, including all amendments and additions thereto, shall
be and the same is hereby declared to be repealed. From such latter
date, the municipal corporation shall not be construed to be or
treated as a municipal corporation and the charter so repealed shall
no longer be included in any subsequent edition or printing of the
code of public local laws of the State or of the particular county.
If no other disposal of the property, assets and liabilities of the
municipal corporation has previously been made by the proper offi-
cers of the municipal corporation, the board of county commis-
sioners or the county council of the county in which the municipal
corporation is located, shall succeed to full ownership, title and
control of the property and assets after the charter stands repealed
and shall be responsible for liquidation of the indebtedness of said
municipal corporation as provided in Section 42 of this subtitle.

Sec. 3. And be it further enacted, That Sections 59 (b), 60, and
61B (f) of Article 40 of the said Code (1968 Supplement), title
"General Assembly," subtitle "Department of Fiscal Services," sub-
headings respectively "Department of Fiscal Services," "Division
of Budget Review," and "Division of Audits," be and they are hereby
repealed and re-enacted, with amendments, to read as follows:

59.

(b) The [Legislative Analyst] Director of the Division of Budget
Review, the [Chief of Fiscal Research] Director of the Division of
Fiscal Research, and the Legislative Auditor are respectively the
executive heads of the Division of Budget Review, the Division of
Fiscal Research, and the Division of Audits. Each has general admin-