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2153
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MARVIN MANDEL, Governor
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investment or deposit was made and may itself be so
invested or deposited, provided, however, that where the
fund so invested, or deposited constitutes the proceeds
of the issue of bonds or other obligations, the principal
of and/or interest on which the issuer is obligated to
repay to the holders thereof, the interest or income from
such investments may be used to pay the principal and/or
interest on the same by the issuer. Investments or
deposits made pursuant to this section may be withdrawn
or altered from time to time by the investing or
depositing officer or governing body either to meet the
requirements for which such funds are held or for
reinvestment pursuant to the terms hereof.
All such investments made prior to March 2, 1943,
are hereby legalized, validated, ratified and confirmed,
notwithstanding the absence of statutory authority
therefor or any inconsistent provision of law.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
Approved May 17, 1977.
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CHAPTER 378
(Senate Bill 1194)
AN ACT concerning
Pharmacy Schools — Experimental Plans and
Teaching Programs
FOR the purpose of authorizing the Board of Pharmacy to
permit certain schools of pharmacy the University of
Maryland School of Pharmacy to operate certain
experimental plans or teaching programs by waiving
certain requirements contained in the laws relating
to the practice of pharmacy; and generally relating
to approval, termination, and other procedures
concerning experimental pharmacy programs or
teaching plans.
BY adding to
Article 43 - Health
Section 268A
Annotated Code of Maryland
(1971 Replacement Volume and 1976 Supplement)
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Preamble
WHEREAS, The General Assembly finds that in order to
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