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Session Laws, 1972
Volume 708, Page 1422   View pdf image
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1422                             Laws of Maryland                      [Ch. 489

"Commissioners of Pharmacy," to follow immediately after Sec-
tion 254A thereof, to prohibit a pharmacist from selling or dis-
pensing any medications on prescription presented more than
thirty (30) days from the date it was issued by a physician or
dentist, AND TO REQUIRE THE PHYSICIAN OR DENTIST
TO INDICATE THE DATE OF ISSUANCE ON THE PRE-
SCRIPTION AND THE PHARMACIST TO INDICATE THE
DATE ON WHICH THE PRESCRIPTION IS FILLED.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That new Section 254B be and it is hereby added to Article 43 of the
Annotated Code of Maryland (1971 Replacement Volume), title
"Health," subtitle "Commissioners of Pharmacy," to follow imme-
diately after Section 254A thereof, and to read as follows:

No pharmacist may sell or dispense any medications on prescrip-
tion presented more than thirty (30) days from the date it was issued
by a physician or dentist, unless otherwise indicated by the issuing
physician or dentist. THE PHYSICIAN OR DENTIST SHALL
INDICATE ON THE PRESCRIPTION THE DATE OF ISSU-
ANCE. THE PHARMACIST SHALL INDICATE ON THE PRE-
SCRIPTION LABEL THE DATE ON WHICH THE PRESCRIP-
TION IS FILLED.

SEC. 2. And be it further enacted, That this Act shall take effect
July 1, 1972.

Approved May 26, 1972.

CHAPTER 489
(House Bill 111)

       AN ACT to repeal and re-enact, with amendments, Section 7 of

Article 49 of the Annotated Code of Maryland (1971 Supplement),
title "Interest and
Usury," to provide that any loan transacted
solely for the purpose of carrying on or acquiring a
business or
commercial investment may contain what is commonly referred to
as a balloon payment at maturity. AN ACT TO REPEAL AND
RE-ENACT, WITH AMENDMENTS, SECTION 61 OF AR-
TICLE 66 OF THE ANNOTATED CODE OF MARYLAND
(1972 REPLACEMENT VOLUME), TITLE "MORTGAGES,"
SUBTITLE "SECONDARY MORTGAGE LOAN LAW" TO
PROVIDE THAT ANY SECONDARY MORTGAGE LOAN
TRANSACTED SOLELY FOR THE PURPOSE OF CARRY-
ING ON OR ACQUIRING A BUSINESS OR COMMERCIAL
INVESTMENT MAY CONTAIN A BALLOON PAYMENT
AT MATURITY.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 7 or Article 49 of the Annotated Code of Maryland (1971
Supplement), title
—"Interest and Usury," be and it is hereby repealed
and re-enacted, with amendments, to
read as follows: 61 OF ARTI-
CLE 66 OF THE ANNOTATED CODE OF MARYLAND (1972
REPLACEMENT VOLUME), TITLE "MORTGAGES," SUBTITLE

254B.

 

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Session Laws, 1972
Volume 708, Page 1422   View pdf image
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