Marvin Mandel, Governor                        1153

Sales of Accounts, Contract Rights and Chattel Paper," subheading
"Part 3. Rights of Third Parties; Perfected and Unperfected Security
Interests; Rules of Priority," to follow immediately after Section
9-301 (2) thereof, to read as follows:

9-301.

(2A) If the secured party files with respect to a non-purchase-
money security interest before or within five TEN days after security
interest attaches, he takes priority over the rights of a transferee
in bulk or of a lien creditor which arise between the time the security
interest attaches and the time of filing.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1971.

Approved May 17, 1971.

CHAPTER 518
(House Bill 278)

AN ACT to repeal and re-enact, with amendments, Sections 49(a),
(f), (g), (i), 50, and 125 (c) of Article 26 of the Annotated Code of
Maryland (1970 Supplement), title "Courts," subtitle "Pensions
of Judges and their Widows," and "Municipal Court of Baltimore
City," respectively, to remove the requirement that judges of the
circuit courts, Supreme Bench of Baltimore City and Municipal
Court of Baltimore City be elected in order to qualify THE
JUDGES OR THEIR WIDOWS under the judges' pension system
of the several courts AND TO PROVIDE FOR THE APPLICA-
BILITY OF THIS ACT UNDER CERTAIN CIRCUMSTANCES.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 49(a), (f), (g), (i), 50, and 125(c) of Article 26 of the
Annotated Code of Maryland (1970 Supplement), title "Courts,"
subtitle "Pensions of Judges and their Widows," and "Municipal
Court of Baltimore City," respectively, be and they are hereby
repealed and re-enacted, with amendments, to read as follows:

49.

(a) Every judge of the circuit court for any of the counties, of
the Supreme Bench of Baltimore City, of the Court of Appeals of
Maryland and of the Court of Special Appeals[, who has been elected
by the people or confirmed by the Senate], shall be paid, after the
termination of active service, if he is then at least sixty years of age
or when he becomes sixty years of age, a pension or salary calculated
at the rate of seven hundred and fifty dollars ($750.00) per annum
for each year, or any part thereof, of active service [by appointment
and election or confirmation] as a judge of the circuit court for any
of the counties, of the Supreme Bench of Baltimore City, of the Court
of Appeals of Maryland and of the Court of Special Appeals, up to
and including sixteen years of such active service, so that the maxi-