MARVIN MANDEL, Governor                             2437

(a) The Authority is hereby authorized to provide
for the issuance of its bonds for the purpose of
refunding any bonds of the Authority then outstanding,
including the payment of any redemption premium thereon
and any interest accrued or to accrue to the earliest
[or] subsequent date of redemption, purchase or maturity
of such bonds, and, if deemed advisable by the Authority,
for the additional purpose of paying all or any part of
the cost of constructing and acquiring additions,
improvements, extensions, or enlargements of a project or
any portion thereof.

SECTION 2. AND BE If FURTHER ENACTED, That this Act
shall take effect July 1, 1974.

Approved Hay 31, 1974.

CHAPTER 711
(House Bill 197)
AN ACT concerning

Legal Holiday — Columbus Day

FOR the purpose of changing the date on which Columbus
Day is observed as a legal holiday, requiring
banking institutions to remain closed on that date
and providing that when that day occurs on Sunday,
the Monday next following shall be treated as a
public holiday for certain purposes.

BY repealing and re—enacting, with amendments.

Article 13 — Bills of Exchange and Promissory Notes

Section 9, 11 and 12

Annotated Code of Maryland

{1968 Replacement Volume and 1973 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 9, 11 and 12 of Article 13 -
Bills of Exchange and Promissory Notes, of the Annotated
Code of Maryland (1968 Replacement Volume and 1973
Supplement) be and they are hereby repealed and
re—enacted, with amendments, to read as follows:

Article 13 — Bills of Exchange and Promissory Notes