Marvin Mandel, Governor                         997

open-pit mining, the operator shall file with the Bureau a bond for
each operation, on a form to be prescribed and furnished by the
Bureau, payable to the State of Maryland and conditioned that the
operator will faithfully perform all of the requirements of this sub-
heading. The bond shall be for [two hundred dollars ($200.00)] four
hundred dollars ($400.00) per acre based upon the number of acres
of land affected, provided that no bond may be filed for less than [six-
teen hundred dollars ($1,600.00)] three thousand dollars ($3,000.00).
Liability under the bond shall be for the duration of open-pit mining
at each operation, and for a period of five years thereafter, unless
released prior thereto or held on that portion reserved for haulage-
ways, deep mining, and auger mining locations as hereinafter pro-
vided. The bond shall be executed by the operator and a corporate
surety licensed to do business in the State of Maryland. [The opera-
tor may elect to deposit cash or negotiable bonds of the United States
government with the Bureau in lieu of a corporate surety.] In lieu
of a corporate surety, either of the following shall be acceptable:

(1)  deposits of cash or negotiable bonds of the United States gov-
ernment. The cash deposit or market value of such securities shall
be equal at least to the required sum of the bond. The Director, upon
receipt of any such deposit of cash or securities shall immediately
place it with the State Treasurer, whose duty it is to receive and
hold the bond in the name of the State, in trust, for the purposes
for which the deposit is made. The State Treasurer at all times is
responsible for the custody and safekeeping of such deposits. The
operator making the deposit from time to time may demand and
receive from the State Treasurer of the whole or any portion of any
securities so deposited, upon depositing with the State Treasurer, in
lieu thereof, other negotiable securities of the classes herein specified
having a market value at least equal to the sum of the bond[.] ;

(2)  a certificate of deposit provided that the certificate is equivalent
to the required bond, is issued by a bank within the State, and is
accompanied by written agreement of the bank to pay on demand
to the State in the event of forfeit.

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

Approved May 17, 1971.

CHAPTER 453
(Senate Bill 399)

AN ACT to repeal and re-enact, with amendments, Section 253 of
Article 66C of the Annotated Code of Maryland (1970 Replace-
ment Volume), title "Natural Resources," subtitle "Fish and
Fisheries," subheading "Part 1. General Provisions," to remove
language which exempts certain areas of Dorchester County from
the requirement that permission of a shore owner be obtained
before another person can establish a net or haul seine fishery in
front of the property.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 253 of Article 66C of the Annotated Code of Maryland