1612                               LAWS OF MARYLAND                       [CH. 729

(g) Investments. All banks, trust companies, bankers, savings
banks and institutions, building and loan associations, savings and
loan associations, investment companies and other persons carrying
on a banking or investment business; all insurance companies, insur-
ance associations, and other persons carrying on an insurance busi-
ness; and all executors, administrators, curators, trustees, and other
fiduciaries, may legally invest any sinking funds, monies, or other
funds belonging to them or within their control in any bonds or
other obligations issued by the municipality pursuant to this article,
provided that such bonds and other obligations shall be secured by
an agreement between the issuer and the federal government in
which the issuer agrees to borrow from the federal government and
the federal government agrees to lend to the issuer, prior to the
maturity of such bonds or other obligations, monies in an amount
which (together with any other monies irrevocably committed to the
payment of principal and interest on such bonds or other obligations)
will suffice to pay the principal of such bonds or other obligations
with interest to maturity thereon, which monies under the terms of
said agreement are required to be used for the purpose of paying the
principal of and the interest on such bonds or other obligations at
their maturity. Such bonds and other obligations shall be authorized
security for all public deposits. It is the purpose of this section to
authorize any persons, political subdivisions and officers, public or
private, to use any funds owned or controlled by them for the pur-
chase of any such bonds or other obligations. Nothing contained in
this section with regard to legal investments shall be construed as
relieving any duty of exercising reasonable care in selecting
securities.

52-78. Separability.

If any provision of this article, or the application thereof, to any
person or circumstances, is held invalid, the remainder of the article
and the application of such provision to persons or circumstances
other than those as to which it is held invalid, shall not be in addition
and supplemental to the powers conferred by any other law.

52-79. Review and Approval.

All plans, whether preliminary or final, prepared or presented
under the provisions of this article by the municipality known as
Morningside shall not conflict with, and must conform to the master
plan for Prince George's County. This provision shall be construed
to mean that all urban renewal plans effecting a change in zoning
shall be reviewed by the Maryland-National Capital Park and Plan-
ning Commission, and any zoning amendments pursuant to this
urban renewal program must be approved by the District Council.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved May 14, 1969.