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1940 LAWS OF MARYLAND Ch. 270
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND 2. AND BE IT FURTHER ENACTED, That Section
13—928(e) of Article — Transportation, of the Annotated
Code of Maryland (As enacted by Chapter ____ of the Acts
of the General Assembly of 1977) be and it is hereby
repealed and reenacted, with amendments, to read as
follows:
Article — Transportation
13-928.
(e) If the application is made on a prorated
annual fee basis, the applicant shall submit with the
application acceptable evidence of a surety bond OR
IRREVOCABLE LETTER OF CREDIT that is:
(1) In a form and with a surety OR INSURED
MARYLAND FINANCIAL INSTITUTION approved by the
administration; and
(2) In an amount equal to the total annual
fees required for all vehicles registered to the
applicant under this section.
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SECTION 2 3. AND BE IT FURTHER ENACTED, That
Section 1 of this Act is hereby declared to be an
emergency measure and necessary for the immediate
preservation of the public health and safety and having
been passed by a yea and nay vote supported by
three-fifths of all the members elected to each of the
two Houses of the General Assembly, the same shall take
effect from the date of its passage.
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SECTION 4. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
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Approved April 29, 1977.
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CHAPTER 271
(House Bill 1480)
AN ACT concerning
Courts — Revisory Power
FOR the purpose of providing courts with revisory power
over judgments within a certain period of time after
the entry of the judgment and only for certain
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