50                                  Laws of Maryland                          [Ch. 30

pose to revise the terms and conditions of its consent, withdraw the
United States as a party, or revise the terms and conditions under
which the United States may remain a party to this compact.

(c) Nothing contained in this compact shall restrict the executive
powers of the President in the event of a national emergency.

1.06. Duration of Compact.—(a) The duration of this compact
shall be for an initial period of one hundred (100) years from its
effective date, and it shall be continued for additional periods of
one hundred (100) years unless, not less than seven (7) years nor
more than twelve (12) years prior to the termination of the initial
period or any succeeding period, one or more of the signatory states,
by authority of an act of its legislature, notifies the Commission of
intention to terminate the compact at the end of the then current
one hundred (100) year period.

(b)  In the event that this compact should be terminated by opera-
tion of paragraph (a) or paragraph (c) hereof, the Commission
shall be dissolved, its assets and liabilities transferred, and its cor-
porate affairs wound up in accordance with unanimous agreement of
the signatories or, failing unanimous agreement, in such manner as
may be provided by act of the Congress.                             

(c)  If at a time subsequent to the initial effective date of the
compact, the United States has withdrawn or substantially modified
its participation as permitted by Section 1.05 (b), the states may
terminate the compact in accordance with the following procedures
and requirements:

1.    Not less than seven (7) years nor more than twelve (12) years
after the United States acts pursuant to Section 1.05 (b), the states
may enact statutes repealing the compact. Such repealing statutes
shall take effect when they have been enacted by at least four of
the States.

2.    If the action of the United States is in the nature of a modifica-
tion of the terms of its participation rather than a withdrawal, the
consideration of repeal of the compact by the state legislatures shall
be preceded by a report of the members of the Commission from the
states finding that the modifications of the terms of participation by
the United States is substantial, setting forth the effects which the
state members of the Commission believe the modification will have
or has had, and recommending either that the compact should be
continued or that it should be terminated.

8. Any termination pursuant to this section shall include ade-
quate provision for the assumption of any outstanding obligations
of the Commission.

113.

ARTICLE 2

COMMISSION—ORGANIZATION AND
TERRITORIAL JURISDICTION

2.01. Commission Created.—The Potomac River Basin Commis-
sion is hereby created as a body politic and corporate, with succes-
sion for the duration of this compact, as an agency and instrumen-
tality of each of the respective signatories, with all powers and duties
herein set forth.