MARVIN MANDEL, Governor                            2623

INSTRUMENT OF TRANSFER, AND ALL DEBTS, OBLIGATIONS AND
LIABILITIES OF THE MERGED CREDIT ONION SHALL BE DEEMED TO
HAVE BEEN ASSUMED BY THE SURVIVING CREDIT UNION UNDER
WHOSE CHARTER THE MERGER WAS EFFECTED. THE RIGHTS AND
PRIVILEGES OF THE MEMBERS OF THE MERGED CREDIT UNION
SHALL REMAIN INTACT.

(E) THIS SECTION SHALL BE CONSTRUED, WHENEVER
POSSIBLE, TO PERMIT A CREDIT UNION CHARTERED UNDER ANY
OTHER ACT TO MERGE WITH ONE CHARTERED UNDER THIS STATUTE,
OR TO PERMIT ONE CHARTERED UNDER THIS STATUTE TO MERGE
WITH ONE CHARTERED UNDER ANY OTHER ACT.

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

Approved May 31, 1974.

CHAPTER 770
(House Bill 1056)
AN ACT concerning

Caroline County — County Administrator

FOR the purpose of extending the term of the incumbent
County Administrator of Caroline County, changing
the term of office of the Administrator, and
providing a special effective date.

BY repealing and re—enacting, with amendments.

The Public Local Laws of Caroline County

Section 14A

Article 6 — Public Local Laws of Maryland

(1965 Edition, as added

by Chapter 748 of the Acts of 1966)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 14A of the Public Local Laws of
Caroline County being Article 6 of the Code of Public
Local Laws of Maryland (1965 Edition, as added by Chapter
748 of the Acts of 1966) be and it is hereby repealed and
re—enacted, with amendments, to read as follows:

Article 6