1190                                      LAWS OF MARYLAND                                Ch. 546

"I HEREBY RELEASE THE ABOVE (OR WITHIN)
MORTGAGE (OR DEED OF TRUST).

WITNESS MY HAND AND SEAL THIS____DAY

OF___________________________

_________________"]]

BE MADE ON A SEPARATE INSTRUMENT PROVIDED THAT IT
STATES THAT THE MORTGAGEE, TRUSTEE OR ASSIGNEE RELEASES
THE PARTICULAR MORTGAGE OR DEED OF TRUST AND STATES
THE NAMES OF THE PARTIES TO THE MORTGAGE OR DEED OF
TRUST AND THE DATE AND RECORDING REFERENCE OF THE
MORTGAGE OR DEED OF TRUST TO BE RELEASED.

ANY RELEASE OF A MORTGAGE OR DEED OF TRUST EXECUTED
ON A SEPARATE INSTRUMENT PRIOR TO THE EFFECTIVE DATE OF
THIS ACT SHALL BE VALID IF IT WAS EXECUTED IN ACCORDANCE
WITH THE LAW IN EXISTENCE PRIOR TO JANUARY 1, 1973.

SECTION 2. AND BE IT FURTHER ENACTED, That this [[Act shall take
effect July 1, 1973.]] Act is hereby declared to be an emergency measure and
necessary for the immediate preservation of the public health and safety and
having been passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two Houses of the General Assembly, the same
shall take effect from the date of its passage.

Approved May 21, 1973.

CHAPTER 547
(House Bill 516)

AN ACT to repeal and re-enact, with amendments, Section 40(a) of Article 2B of
the Annotated Code of Maryland (1968 Replacement Volume), title "Alcoholic
Beverages," subtitle "General Provisions on Issue of Licenses," to provide
regulations for application by Montgomery County partnerships for liquor
licenses, and imposing certain residence and voter registration restrictions on
such applicants.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 40(a) of Article 2B of the Annotated Code of
Maryland (1968 Replacement Volume), title "Alcoholic Beverages," subtitle
"General Provisions on Issue of Licenses," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

40.

(a) A license shall not be issued to a partnership as such, nor to a corporation
as such, but only to individuals authorized to act for such partnership or
corporation who shall assume all responsibilities as individuals, and be subject to
all of the penalties, conditions and restrictions imposed upon licensees under the
provisions of this article. If the application is made for a partnership, the license
shall be applied for and be issued to all the partners as individuals, all of whom
shall have resided in the city or county in which the place of business is located for
at least two years prior to said application, or shall have resided in the State of
Maryland for said period in case the application is filed with the Comptroller [.] :