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Session Laws, 1976
Volume 734, Page 384   View pdf image
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384

LAWS OF MARYLAND

Ch. 179

business in this State pursuant to this [subheading] ACT
which affects real and personal property and which is
recorded in the real property records in any county in
which such property is located or is to be located, shall
have the same force and effect as if the mortgage, deed
of trust or other instrument were also recorded, filed or
indexed as provided by law in the proper office in such
county as a mortgage of personal property. All
after-acquired property of such cooperative or foreign
corporation described or referred to as being mortgaged
or pledged in any such mortgage, deed of trust or other
instrument, shall become subject to the lien thereof
immediately upon the acquisition of such property by such
cooperative or foreign corporation, whether or not such
property was in existence at the time of the execution of
such mortgage, deed of trust or other instrument.
Recordation of any such mortgage, deed of trust or other
instrument shall constitute notice and otherwise have the
same effect with respect to such after-acquired property
as it has under the laws relating to recordation, with
respect to property owned by such cooperative or foreign
corporation at the time of the execution of such
mortgage, deed of trust or other instrument and therein
described or referred to as being mortgaged or pledged
thereby. The lien upon personal property of any such
mortgage, deed of trust or other instrument shall, after
recordation thereof, continue in existence and of record
for the period of time specified therein without the
refiling thereof or the filing of any renewal
certificate, affidavit or other supplemental information
required by the laws relating to the renewal, maintenance
or extension of liens upon personal property.

[405] 27. Directors, officers and members not
disqualified to take acknowledgments.

No person who is authorized to take acknowledgments
under the laws of this State shall be disqualified from
taking acknowledgments of instruments executed in favor
of a cooperative or to which it is a party, by reason of
being an officer, director or member of such cooperative.

[407] 28. Filing fees.

The [State Tax Commission] DEPARTMENT OF ASSESSMENTS
AND TAXATION shall charge and collect for:

(a)   Filing articles of incorporation, ten dollars
($10) ;

(b)    Filing articles of amendment, ten dollars
($10) ;

(c)   Filing articles of consolidation or merger, ten
dollars ($10) ;

(d)   Filing articles of conversion, ten dollars
($10);

 

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Session Laws, 1976
Volume 734, Page 384   View pdf image
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