Marvin Mandel, Governor                        1119

and Mental Hygiene, shall have the power to remove from office, at
any time, any member of the Board for continued neglect of duty
required by this article, or for incompetency, unprofessional or dis-
honorable conduct.

Sec. 2. And be it further enacted, That the three additional mem-
berships hereby created on the State Board of Dental Examiners
shall be added by separate and individual appointments in the re-
spective years 1971, 1973, and 1975; and until the full member-
ship of the Board is reached in the year 1975, the Board shall have
successively 6, 7, and 8 members until the full membership is reach-
ed.

Sec. 3. And be it further enacted, That this Act shall take effect
July 1, 1970.

Approved April 28, 1970

CHAPTER 504
(House Bill 1072)

AN ACT to authorize the creation of a State debt in the aggregate
amount of four million dollars ($4,000,000), the proceeds thereof
to be made part of the Industrial Project Mortgage Insurance
Fund established by Section 266S of Article 41 of the Annotated
Code of Maryland (1969 Cumulative Supplement) of the Maryland
Industrial Development Financing Authority and to be subject to
all of the terms, conditions, and purposes of the Maryland In-
dustrial Development Financing Authority contained in said
Article, as amended; and providing generally for the issue and sale
of Certificates of Indebtedness evidencing this loan.

Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is hereby authorized and directed
to issue a State loan to be known as the "State Industrial Develop-
ment Fund Loan of 1970", in the aggregate sum of four million dol-
lars ($4,000,000).

The certificates evidencing said loan may be issued all at one time
or, in groups, from time to time, as hereinafter provided. All of
said certificates evidencing said loan, or any group thereof, shall
be issued as serial bonds providing for semiannual payments on
principal and interest, which payments may, but need not, be in
equal amounts each year and ACCORDING TO A SERIAL MA-
TURITY PLAN TO BE ESTABLISHED IN THE RESOLUTION
AUTHORIZING THE ISSUANCE OF SAID LOAN OR ANY POR-
TION THEREOF, WHICH PLAN NEED NOT BE IN EQUAL
PAR AMOUNTS OR IN CONSECUTIVE ANNUAL INSTALL-
MENTS BUT SHALL BE so worked out as to discharge the princi-
pal represented by said certificates within fifteen (15) years from
the time of its issue; provided, however, that it shall not be necessary
to provide for the redemption of any part of the principal represented
by any certificates for the first two (2) years from the time of the
issuance of said certificates.