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Session Laws, 1978
Volume 736, Page 1019   View pdf image
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BLAIR LEE III, Acting Governor                        1019

affirmative vote of a majority of the [board] FOUNDATION
members at—large, and upon approval of the Secretary and the
State Treasurer.

2-514.

(e)    Upon the affirmative vote of a majority of the
[board] FOUNDATION members at—large, and upon the approval
of the Secretary and the State Treasurer, the request for
termination shall be approved, and the landowner shall be
notified.

(f)    If the request for termination is approved, an
appraisal of the subject land shall be ordered by the
foundation at the expense of the landowner requesting
termination of the easement. Within a period of 180 days
following the appraisal, the landowner may repurchase the
easement by paying to the foundation the difference between
the fair market value and the agricultural value of the
subject land, as determined by the appraisal. For purposes
of this [subparagraph] PARAGRAPH, the agricultural value is
the price as of the valuation date which a vendor, willing
but not obligated to sell, would accept, and which a
purchaser, willing but not obligated to buy, would pay for
a farm unit with land comparable in quality and composition
to the property being appraised, but located in the nearest
location where profitable farming is feasible.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved April 11, 1978-

CHAPTER 81

(Senate Bill 773)

AN ACT concerning

Corrective Bill — Article 101 "Workmen's Compensation"

FOR the purpose of correcting technical errors in certain
sections of Article 101 of the Annotated Code of
Maryland.

BY repealing and reenacting, with amendments,

Article 101 — Workmen's Compensation

Section 21(b)(4) and 35A (b)

Annotated Code of Maryland

(1964 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF

 

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Session Laws, 1978
Volume 736, Page 1019   View pdf image
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