MARVIN MANDEL, Governor                                743

exceed $50,000 at any time];

(17)   Approve or disapprove plans for clearing,
grading, transporting, or otherwise distributing soil
pursuant to § 8—1104 (a) of the Natural Resources Article
and to adopt general criteria and specific written
recommendations concerning the control of erosion and
siltation of pollution associated with these activities;
and

(18)   Sue and be sued in the name of the district;
have a seal which shall be judicially noticed; have
perpetual succession unless terminated; make and execute
contracts and other instruments necessary or convenient
to the exercise of its powers; and adopt, amend, and
repeal, rules and regulations not inconsistent with this
title, to effectuate its purposes and powers.

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

Approved April 9, 1974.

CHAPTER 152
(Senate Bill 630)
AN ACT concerning

Maryland Savings — Share Insurance Corporation

FOR the purpose of providing that the central reserve
fund shall not be subject to payment of insurance
claims against the Maryland Savings — Share
Insurance Corporation and to authorize the payment
of interest by the corporation on deposits, loans or
advances by member associations to the central
reserve fund.

BY repealing and re—enacting, with amendments,

Article 23 - Corporations

Section 161NN(b)(i) and 161NN(c)

Annotated Code of Maryland

(1973 Replacement Volume and 1973 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 161NN(b)(i) and 161NN(c) of