HARRY HUGHES, Governor                               1415

reason of the failure or insolvency or other fault of any
depository if they use ordinary care in the selection of the
depository. The Commission shall require any depository to
secure by collateral any deposit therein comprising a part
or all of the fund.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1979.

Approved May 29, 1979.

CHAPTER 509

(Senate Bill 1088)

AN ACT concerning

Southern States Energy Compact

FOR the purpose of changing the name of the "Southern
Interstate Nuclear Compact" to the "Southern States
Energy Compact"; broadening the scope of the Compact to
encompass a greater range of energy and environmental
issues; increasing the number of members of the State's
delegation to the board; providing that one member
represent the Governor, one represent the Senate, and
one represent the House of Delegates; changing "Atomic
Energy Commission" to "United States Department of
Energy"; transferring the functions and duties
concerning the board to a different Secretariat;
correcting language; and providing that the changes
become effective upon enactment of the amendments by a
majority of the member jurisdictions in the Southern
Interstate Nuclear Compact.

BY repealing and reenacting, without amendments,

Article 41 — Governor — Executive and

Administrative Departments
Section 346, 350, 352, 354, 355, 357, and 358
Annotated Code of Maryland
(1978 Replacement Volume and 1978 Supplement)

BY repealing and reenacting, with amendments,

Article 41 — Governor — Executive and

Administrative Departments
Section 347, 348, 349, 351, 353, 356, and 359, and 359A

to be under the amended subtitle "30 Southern

States Energy Compact"
Annotated Code of Maryland
(1978 Replacement Volume and 1978 Supplement)