184                                        LAWS OF MARYLAND                                Ch. 116

[[226FF-5.]] 266GG-5.

THIS SUBHEADING SUPERSEDES ANY LOCAL, MUNICIPAL OR
COUNTY ORDINANCE OR PARTS THEREOF RELATING TO THE
SUBJECT MATTER HEREOF, EXCEPT THAT REQUIREMENTS AND
REGULATIONS MORE STRINGENT THAN THOSE IN EFFECT UNDER
THIS SUBHEADING MAY BE ADOPTED AND ENFORCED BY THE
POLITICAL SUBDIVISIONS OF THIS STATE.

[[226FF-6.]] 266GG-6.

THE PROVISIONS OF THIS SECTION DO NOT APPLY TO ANY
PERSON OR PERSONS WHO HAVE EXECUTED A LEGALLY BINDING
WRITTEN CONTRACT PRIOR TO JULY 1, 1973, THE PURPOSE OF
WHICH IS TO SELL, FABRICATE, ASSEMBLE, GLAZE, INSTALL,
CONSENT TO OR CAUSE TO BE INSTALLED GLAZING MATERIALS
OTHER THAN SAFETY GLAZING MATERIALS IN, OR FOR USE IN,
ANY HAZARDOUS LOCATION IN THIS STATE.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved April 26, 1973.

CHAPTER 117
(House Bill 11)

AN ACT to repeal and re-enact, with amendments, Section 143 of Article 11 of
the Annotated Code of Maryland (1968 Replacement Volume), title "Banks and
Trust Companies," subtitle "Credit Unions," to authorize an amendment of the
by-laws of a credit union by mail ballot, and to provide that the elections at the
annual meeting may be held by mail ballot and the procedures therefor, and
generally relating to the operations of credit unions.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 143 of Article 11 of the Annotated Code of
Maryland (1968 Replacement Volume), title "Banks and Trust Companies,"
subtitle "Credit Unions," be and it is hereby repealed and re-enacted, with
amendments, to read as follows:

143.

(A) The fiscal year of every credit union shall end at the close of business on
December thirty-first. The annual meeting shall be held at such time in January,
February or March as the bylaws may provide. Special meetings may be held by
order of the directors or of the supervisory committee or at the request of ten
percent of the members. Notice of all meetings shall be given in the manner
provided in the bylaws. A member shall have but one vote, irrespective of the
shares held. No shareholder may vote by proxy, but a society, association,
copartnership or corporation having membership in the credit union, may be
represented by one person authorized by said society, association, copartnership or
corporation to represent it. At any meeting the members may decide upon any
question of interest to the corporation, and overrule the board of directors, and by
a three-fourths vote of those present and represented, provided the notice of the
meeting shall have specified the question to be considered, may vote to amend the