MARVIN MANDEL, Governor                               927

5-202.

(a) No wrecker or scrap processor shall be
entitled to obtain a license unless:

6.        [The fee of $15] AN ANNUAL FEE OF

[[$100]] $125 is paid to the Administration for the
issuance of [such] EACH wrecker's license and [a fee of
$100 is paid to the Administration] for the issuance of
[such] EACH scrap processor's license. [Said licenses to
be renewed annually;]

5-203.

(d) The Administration shall prescribe forms and
have the authority to promulgate rules and regulations
pertaining to the manner in which a wrecker or scrap
processor notifies the Administration of receipt of a
vehicle or body or chassis thereof to be scrapped,
dismantled, or destroyed [and the manner in which an
assessment is placed upon a wrecker if a vehicle or body
or chassis thereof has a designated model year in excess
of ten years, as determined by a national publication of
used car values adopted for use by the Administration is
not scrapped, dismantled, or destroyed within one year
from the date a wrecker acquires possession of the
vehicle or body or chassis thereof, and the assessment
shall be in the amount of $5 for each and every six (6)
month period the vehicle or body or chassis thereof
remains not scrapped, dismantled, or destroyed. For the
purpose of administering this subsection as it relates to
assessments, vehicles shall not include trucks, truck
tractors or trailers].

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

Approved May 4, 1976.

CHAPTER 348

(Senate Bill 995)

AN ACT concerning

Condominiums — Corrective Bill

FOR the purpose of clarifying and correcting the
Condominium Law.

BY repealing and reenacting, with amendments,

Article - Real Property

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