2782                                 LAWS OF MARYLAND                               Ch. 796

FOR SUCH PAYMENTS, (2) MAY PROVIDE THAT, IN THE EVENT THAT
SUFFICIENT FUNDS FOR THE TIMELY PAYMENT OF SAID PRINCIPAL
AND INTEREST WHEN DUE ARE NOT AVAILABLE OR IN THE EVENT OF A
DEFAULT IN THE PAYMENT OF SAID PRINCIPAL OR INTEREST, THE
FIRST GENERAL FUND REVENUES OF THAT COUNTY RECEIVED
THEREAFTER SHALL BE APPLIED TO THE PAYMENT THEREOF IN
AMOUNTS SUFFICIENT TO MAKE SUCH PAYMENT WHEN DUE OR TO CURE
SUCH DEFAULT AS THE CASE MAY BE, AND (3) MAY PLEDGE ANY OF
ITS REVENUES TO THE PAYMENT OF SAID PRINCIPAL AND INTEREST
TO THE EXTENT PROVIDED BY SAID CHARTER PROVISION OR
LEGISLATIVE ACT.

(C)  NO CHARTER PROVISION OF PRINCE GEORGE'S COUNTY OR
ANNE ARUNDEL COUNTY SHALL IMPAIR OR BE CONSTRUED TO IMPAIR
THE OBLIGATION OF SUCH COUNTY TO LEVY AND COLLECT TAXES TO
PROVIDE FOR THE PAYMENT WHEN DUE OF PRINCIPAL OF AND
INTEREST ON BONDS OF SUCH COUNTY, OR BONDS GUARANTEED BY
SUCH COUNTY, TO WHICH THAT COUNTY HAS PLEDGED ITS UNLIMITED
TAXING POWER, AND WHICH ARE OUTSTANDING ON THE EFFECTIVE
DATE OF SUCH CHARTER PROVISION.

(D)  THE PROVISIONS OF SUBSECTION (A) OF THIS SECTION
SHALL APPLY TO ALL BONDS ISSUED BY PRINCE GEORGE'S COUNTY OR
BY ANNE ARUNDEL COUNTY PRIOR TO JUNE 30, 1981.

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

Approved May 27, 1980.

CHAPTER 797

(House Bill 1664)

AN ACT concerning

Oyster Dredging - Ice

FOR the purpose of extending the termination date for
certain provisions relating to oyster dredging in
certain areas reserved for tonging when watermen are
denied access to oyster taking because of ice; and
making this Act an emergency measure.

BY repealing and reenacting, without amendments,

Article - Natural Resources
Section 4-1013(e)
Annotated Code of Maryland
(1974 Volume and 1979 Supplement)

BY repealing and reenacting, with amendments,