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LAWS OF MARYLAND

Ch. 32

Tax Enabling Act of the State of Pennsylvania. (P.L. 1257,
Acts of 1965, codified as Title 53, §6901, et seq., Pa.
Stat. Ann.).

SECTION 2. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for
the immediate preservation of the public health and safety
and having been passed by a yea and nay vote supported by
three—fifths of all the members elected to each of the two
Houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved March 28, 1980.

CHAPTER 33

AN ACT concerning

Financial Institutions

FOR the purpose of adding a new Article to the Annotated
Code of Maryland, to be designated and known as the
"Financial Institutions Article", to revise, restate,
and recodify the laws of this State relating and
pertaining to financial institutions, including banking
institutions, credit unions, savings and loan
associations, persons making or prohibited from making
consumer loans, installment loans, secondary mortgage
loans, and sales finance companies, bank service
corporations, sellers of money orders and traveler's
checks, mortgage bankers and mortgage brokers, and
safe-deposit companies and to the Maryland credit Onion
Insurance Corporation, Maryland Savings-Share Insurance
Corporation, Maryland Industrial Development financing
Authority, Maryland Small Business Development

Authority, and Home Financing Program; relating and
pertaining to the registration, qualification, and
doing business in this State by and other activities of
certain foreign entities, generally providing and
establishing with respect to various of these and
related matters, definitions, exemptions and defenses,
procedures, rights and remedies, and civil and criminal
penalties, and for the supervisory and regulatory
authority of various governmental agencies and units,
generally relating to these and all other matters

relating to financial institutions; revising and

transferring to appropriate articles of the Code

certain miscellaneous provisions relating to

representations as to attorneys and to certain unlawful

real estate activities, subject to uniform penalties;

revising and transferring to appropriate articles

certain provisions relating to the Governor's authority

during emergencies; revising, for purposes of the Code

and rules and regulations adopted under it, the laws