MARVIN MANDEL, Governor                                      1679

WAREHOUSE SUFFICIENT TO COVER EVERY LOSS BY FIRE
SUSTAINED BY ANY PERSON STORING LEAF TOBACCO FOR SALE.
HOWEVER, IF INSURANCE COVERAGE IS FURNISHED TO THE
OWNER OF LEAF TOBACCO HELD FOR SALE IN ANY WAREHOUSE
BY THE BUYER OR SELLER OR THEIR AGENT, THE WAREHOUSE
OWNER NEED NOT PROVIDE INSURANCE COVERAGE.

(B) WAREHOUSE OWNER LIABLE IF UNINSURED.

IF THE WAREHOUSE OWNER FAILS TO OBTAIN INSURANCE,
HE IS LIABLE TO ANY OWNER OF THE TOBACCO FOR ANY LOSS
SUSTAINED BY REASON OF ANY PARTIAL OR TOTAL
DESTRUCTION OF TOBACCO BY FIRE. A REASONABLE AMOUNT
FOR THE EXPENSE OF INSURANCE COVERAGE MAY BE CHARGED
AGAINST THE ACCOUNT OF ANY PERSON STORING TOBACCO FOR
SALE IN THE WAREHOUSE. HOWEVER, IF INSURANCE COVERAGE
IS FURNISHED TO THE OWNERS OF TOBACCO HELD FOR SALE IN
ANY WAREHOUSE BY ANY BUYER OR SELLER OR HIS AGENT, THE
WAREHOUSE OWNER NEED NOT PROVIDE INSURANCE COVERAGE.

REVISOR'S NOTE: This section presently appears as
Art. 48, §51 of the Code. The only changes
made are in style.

SEC. 7-403. LEAF TOBACCO SELLERS TO MAINTAIN RECORDS
AND SUBMIT REPORTS.

ANY PERSON ENGAGED REGULARLY IN THE BUSINESS OF
SELLING LEAF TOBACCO IN ANY LEAF TOBACCO MARKET IN THE
STATE FOR THE ACCOUNT OF ANOTHER PERSON OR HIS OWN
ACCOUNT, SHALL:

(1)    KEEP A CORRECT ACCOUNT, IN A FORM
PRESCRIBED BY THE AUTHORITY, OF THE TOTAL POUNDS OF
LEAF TOBACCO HE SELLS DAILY;

(2)   REPORT MONTHLY THE NUMBER OF POUNDS OF
MARYLAND GROWN TOBACCO HI SELLS AND THE NUMBER OF
POUNDS GROWN OUTSIDE THE STATE HE SELLS, AND DELIVER
THIS REPORT VERIFIED BY OATH TO THE AUTHORITY BY THE
FIFTH DAY OF THE SUCCEEDING MONTH; AND

(3)   RETAIN THE RECORDS IN GOOD CONDITION FOR
THREE YEARS FOLLOWING THE END OF THE YEAR IN WHICH
THEY WERE PREPARED.

REVISOR'S NOTE: This section is new language
derived from Art. 48, §59(d) and (e) of the
Code. The present reference in Art. 48,
§59(c) and (d) to person selling leaf tobacco
through any established market in the State