BLAIR LEE III, Acting Governor

2807

Administration that the transferor did not pay any part of
the original purchase price of the vehicle or any applicable
taxes or fees for the vehicle; OR

(7) A VEHICLE TRANSFERRED AS A RESULT OF A

FINANCIAL REORGANIZATION WHICH QUALIFIES AS A CONSOLIDATION,

MERGER, TRANSFER OF ASSETS, SHARE EXCHANGE, OR INSOLVENCY

UNDER THE FEDERAL REVENUE CODE. REORGANIZATION

WITHIN THE MEANING OF SECTION 366(A) OR IN ACCORDANCE WITH

SECTIONS 371 OR 374 OF THE INTERNAL REVENUE CODE OF 1954.

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

Approved May 29, 1978.

CHAPTER 970

(House Bill 2164)

AN ACT concerning

Runaway Youth Homes — Department of Assessments
and Taxation - Fees

FOR the purpose of requiring the State Department of

Juvenile Services to establish within the Youth

Services Bureau Program a program of assistance to
runaway youth homes; and providing for funding from a
certain source providing for an appropriation for the
1978-1979 fiscal year for this program; and increasing

certain fees collectible by the Department of

Assessments and Taxation for certain documents filed or

recorded with, issued by, or served on the__Department;

and providing that, with the exception of the recording

fee to be paid when the Department of Assessments and

Taxation accepts articles of incorporation for record,
a volunteer fire company or rescue squad is not subject

to any of the recording, filing, or special fees

enumerated in the Corporations Article.

BY adding to

Article 52A - Juvenile Services

Section 20A

Annotated Code of Maryland

(1972 Replacement Volume and 1977 Supplement)

BY repealing and reenacting, with amendments,

Article - Corporations and Associations

Section 1-203

Annotated Code of Maryland