2396

LAWS OF MARYLAND

Ch. 874

BY adding to

The Public Local Laws of St. Mary's County
Section 76A

Article 19 - Public Local Laws of Maryland
(1965 Edition and 1974 Supplement, as amended)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That new Section 76A be and it is hereby added
to the Public Local Laws of St. Mary's County being
Article 19 of the Public Local Laws of Maryland (1965
Edition and 1974 Supplement, as amended) to read as
follows:

Article 19

76A.

(A)          THE COUNTY COMMISSIONERS OF ST. MARY'S COUNTY
MAY MAKE LOANS OF FUNDS FROM THE COUNTY TREASURY, OR
BORROW FUNDS AND IN TURN LOAN, TO THE VOLUNTEER FIRE
COMPANIES OF ST. MARY'S COUNTY, FOR THE PURPOSE OF
FINANCING EQUIPMENT PURCHASES OR OTHER CAPITAL
IMPROVEMENT PROJECTS.

(B)          TO IMPLEMENT THIS SECTION, THE COUNTY
COMMISSIONERS SHALL ADOPT, BY ORDINANCE OR RESOLUTION,
APPROPRIATE GOVERNING CRITERIA AND REGULATIONS CONCERNING
THE ISSUANCE AND REPAYMENT OF THESE LOANS.

(C)         THE AGGREGATE SUM LOANED UNDER THIS SECTION TO
THE SEVERAL FIRE COMPANIES MAY NOT EXCEED $700,000.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 17, 1976.

CHAPTER 875

(House Bill 2167)

AN ACT concerning

Higher Education — Purchases

FOR the purpose of allowing certain institutions of
higher education to make purchases through the State
Department of General Services.

BY adding to