1972                                 LAWS OF MARYLAND                               Ch. 540

(A)  A PERSON WHO BRINGS INTO THIS STATE ANY OF THE
FOLLOWING CONTROLLED DANGEROUS SUBSTANCES WHICH IT IS
UNLAWFUL FOR THAT PERSON TO POSSESS, IN THE AMOUNTS
INDICATED, UPON CONVICTION, IS SUBJECT TO THE PENALTY
PROVIDED IN SUBSECTION (B) OF THIS SECTION;

(1)  100 POUNDS OR GREATER OF MARIJUANA;

(2)  28 GRAMS OR GREATER OF COCAINE OR ANY
MIXTURE CONTAINING COCAINE; OR

(3)  4 GRAMS OR MORE OF MORPHINE OR OPIUM OR ANY
DERIVATIVE, SALT, ISOMER, OR SALT OF AN ISOMER OF MORPHINE
OR OPIUM.

(B)  A PERSON CONVICTED OF VIOLATING SUBSECTION (A) OF
THIS SECTION IS GUILTY OF A FELONY AND MAY BE FINED NOT MORE
THAN $50,000 OR IMPRISONED FOR NOT MORE THAN 25 YEARS, OR
BOTH FINED AND IMPRISONED IN THE DISCRETION OF THE COURT.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 20, 1980.

CHAPTER 541

(Senate Bill 172)

AN ACT concerning

Payment Instruments and Traveler's Checks

FOR the purpose of licensing revising the law concerning
issuers and sellers of payment instruments and
traveler's checks, rather than drafts; deleting the
requirement for a fee or service charge; requiring
certain information to be submitted with the
application for licensing; altering the investigation
fee; altering the amount and other requirements of bond
or securities required from applicants and licensees;
setting minimum net worth and asset requirements for
applicants and licensees; requiring segregation of
money by agents; requiring revocation proceedings under
certain circumstances; requiring certain reports;
defining certain terms; and generally relating to the
regulation of payment instruments and traveler's
checks.

BY repealing and reenacting, with amendments,

Article - Financial Institutions