Ch. 161                             MARVIN MANDEL, Governor                                  229

A building code and a housing code, if either is adopted, and all regulations
thereunder, shall be designed to assure and protect the public health, safety,
comfort, and moral and economic welfare. They may include provisions for
enforcement, including the appointment and maintenance of inspectors and
including penalties for a violation of either a code or the regulations thereunder.

Any such code may incorporate by reference a portion or all, if applicable, of
either a building code or a housing code, as the case may be, issued or proposed
and made available for general circulation by any governmental agency or by any
trade or professional association; but any subsequent amendment to or change in
whatever is adopted by reference shall not be effective in Harford, Frederick,
Caroline, [[CALVERT,]] WORCESTER, and Kent counties until and unless it is
specifically incorporated therein by action of the board of county commissioners.

All buildings on a farm and on any premises devoted solely to agricultural
pursuits are exempt from the provisions and the application of both building and
housing codes.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1973.

Approved April 26, 1973.

CHAPTER 161
(House Bill 885)

AN ACT to repeal and re-enact, with amendments, Section 145(a) of Article 11 of
the Annotated Code of Maryland (1968 Replacement Volume and 1972
Supplement), title "Banks and Trust Companies," subtitle "Credit Unions," to
correct the section due to the fact that the credit committee and supervisory
committee are appointed by the board of directors rather than elected.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 145(a) of Article 11 of the Annotated Code of
Maryland (1968 Replacement Volume and 1972 Supplement), title "Banks and
Trust Companies," subtitle "Credit Unions," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

145.

(a) At their first meeting after the annual meeting of the members, the board of
directors shall elect a president, vice-president, secretary and treasurer, who shall
be the executive officers of the corporation. The president shall be selected from
among the directors. If the bylaws so provide, an assistant secretary or an assistant
treasurer, or both, may be appointed by the Board. The offices of secretary and
treasurer may, if the bylaws so provide, be held by one person. The board of
directors shall have the general management of the affairs, funds and records of
the corporation and shall meet as often as may be necessary. It shall be the special
duty of the directors: (1) To act upon all applications for membership and the
expulsion of members; to fix the amount of the surety bond which shall be required
of each officer having the custody of funds. (2) To determine interest rates and fix
the maximum number of shares which may be held by the maximum amount
which may be loaned to any one member; to declare dividends and to recommend
amendments to the bylaws. (3) [To fill vacancies in the board of directors or in the