2768
LAWS OF MARYLAND
Ch. 789
Comptroller and expended, upon approval by the Board of
Public Works, for the following public purposes, including
any applicable architects' and engineers' fees: to assist in
the planning, design, construction, and equipping of a new
Cecil County jail facility.
(4) There is hereby levied and imposed an annual State
tax on all assessable property in the State in rate and
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 § 1(3)
above, the County Commissioners of Cecil County shall
provide at least an equal and matching fund of $2,500,000
for this project. The County Commissioners of Cecil County
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 the 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 790
(House Bill 1574)
AN ACT concerning
Medical Professional Liability Insurance -
Surplus Line Lines
FOR the purpose of requiring that all certain medical
professional liability insurance be treated as
surplus line coverage if underwritten by certain
insurers. providing when certain surplus line insurance
may be purchased from an unauthorized insurer; defining
terms; allowing a surplus line broker to renew certain
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