HARRY HUGHES, Governor

2443

amount sufficient to pay the principal of and interest on
the bonds as and when due and until paid in full, such
principal to be discharged within fifteen years of the date
of issue of the bonds.

(5) Prior to the payment of any funds under the
provisions of this Act for the purpose set forth in Section
1(3) above, the Capitol Institute of Technology shall
provide at least an equal and matching fund of $1,000,000
for this project. The Capitol Institute of Technology shall
have until June 1, 1982, to present evidence satisfactory to
the Board of Public Works that this fund will be provided.
If satisfactory evidence of the raising of at least an equal
and matching fund for this project is presented to the Board
of Public Works on or before June 1, 1982, the Board of
Public Works shall so certify to the Treasurer of the State
and the proceeds of the loan shall be expended in accordance
with provisions of this Act. If satisfactory evidence of
the raising of at least an equal and matching fund for this
project is not presented to the Board of Public Works on or
before June 1, 1982, the proceeds of the loan shall be
transferred to the Annuity Bond Fund and applied to the debt
service requirements of the State.

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

Approved May 27, 1980.

CHAPTER 712

(Senate Bill 491)

AN ACT concerning

Corrective Legislation - Annotated Code of Maryland

FOR the purpose of correcting certain errors published in
certain Articles of the Annotated Code of Maryland.

BY repealing and reenacting, with amendments,

Article 2B - Alcoholic Beverages

Section 13(h), 20(k)(4)(i), 102(c), 155(s), and

158(d)(2)
Annotated Code of Maryland
(1976 Replacement Volume and 1979 Supplement)

BY repealing and reenacting, with amendments,

Article 11 - Banks and Trust Companies

Section 61A(d)