MARVIN MANDEL, Governor                             2207

Article — Estates and Trusts

5-601.

If the property of the decedent subject to
administration in Maryland is established to have a GROSS
value of [$2,000] $5,000 or less, the estate may be
administered in accordance with the provisions of §§
5—602 through 5—607. An inheritance tax is not due or
payable on a distribution from such estate.

5-605.

Property of the decedent discovered after the filing
of the petition shall be reported immediately by
supplemental petition. If no administration was had in
accordance with Section 5—603(a)(4) because of the
failure to include after—discovered property in the
original petition, the Register shall direct appropriate
proceedings. If after—discovered property increases the
GROSS value of all property of the decedent to more than
[$2,000] $5,000, any further proceeding may not be had
under this subtitle, but the administration shall proceed
under the other provisions of the estates of decedents
law.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974[[.]], and shall apply only
to estates of decedents dying on or after July 1, 1974.

Approved May 31, 1974.

CHAPTER 650
(Senate Bill 782)
AN ACT concerning

Higher Education - Comprehensive Liability Insurance

FOR the purpose of permitting the board of trustees of
the State colleges and the Board of Regents of the
University of Maryland to carry comprehensive
liability insurance to protect the board and the
Regents, [[its}] their agents and employees, and any
agents and employees of any [[college]] institution
under [[its]] their jurisdiction.

BY adding to

Article 77A — Higher Education