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MARVIN MANDEL, Governor 3607
Article 81 - Revenue and Taxes
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12F-1.
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(b) As used in this section, the following words
have the meanings specified:
(1) "Homeowner" means every person who by
July 1 of the taxable year in which the credit is to be
allowed, is 60 years of age or older, or who receives
benefits as a result of a finding of permanent and total
disability under the Social Security Act, the Railroad
Retirement Act, any federal acts for members of the armed
forces of the United States, or any other federal
retirement system, OR BY THE COUNTY HEALTH OFFICER OR
COMMISSIONER OF HEALTH OF BALTIMORE CITY, and who
actually resides in a dwelling in which the person has a
legal interest, including any life estate, whether as
sole owner, joint tenant, tenant in common, tenant by the
entireties or through membership in a cooperative.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
Approved May 26, 1977.
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CHAPTER 955
(House Bill 1190)
AN ACT concerning
Insurance Companies - Loans
FOR the purpose of removing certain subordination
requirements relating to certain loans made to
insurance companies.
BY repealing and reenacting, with amendments,
Article 48A — Insurance Code
Section 266 (a)
Annotated Code of Maryland
(1972 Replacement Volume and 1976 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 266(a) of Article 48A - Insurance
Code, of the Annotated Code of Maryland (1972 Replacement
Volume and 1976 Supplement) be and it is hereby repealed
and reenacted, with amendments, to read as follows:
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Article 48A - Insurance Code
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