2342                                 LAWS OF MARYLAND                               Ch. 680

Article - Financial Institutions
1-301.

(c) (1) "Financial record" means the original or any
copy of:

[(1)] (I) A document that grants signature
authority over a deposit or share account;

[(2)] (II) A statement, ledger card, or other
record of a deposit or share account that shows transactions
in or with respect to that despoit deposit or account;

[(3)] (III) A check, clear draft, or money order
that is drawn on a fiduciary institution or issued and
payable by or through a fiduciary institution; or

[(4)] (IV) Any item, other than an institutional
or periodic charge, that is made under an agreement between
a fiduciary institution and another person and that
constitutes a debit or a credit to that person's deposit or
share account.

(2) "FINANCIAL RECORD" INCLUDES ANY EVIDENCE OF
A TRANSACTION CONDUCTED BY MEANS OF AN ELECTRONIC TERMINAL.

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

Approved May 20, 1980.

CHAPTER 681

(House Bill 1946)

AN ACT concerning

Condominiums

FOR the purpose of changing the required percentage of unit
owners for amending the bylaws; changing the right of a
council of unit owners to terminate certain contracts;
providing that a vendor of a previously sold unit
provide certain materials to a purchaser; clarifying
and enlarging certain powers of a council of unit
owners; and generally relating to the administration,
sale, and purchase of condominiums.

BY repealing and reenacting, with amendments,