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Session Laws, 1980
Volume 739, Page 2820   View pdf image
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2820

LAWS OF MARYLAND

Ch. 812

[(ii)] 2. Transfer money from any account
of the customer with the banking institution to any other
account with the banking institution; or

[(iii)] 3. Deposit money into an account
of the customer with the banking institution;

[(2)] (II) Is not located at the principal
banking office or any branch of the banking institution; and

[(3)] (III) If manned, is manned by a person
who is under contract with but is not an employee or officer
of the banking institution; AND

(2) "ELECTRONIC TERMINAL" DOES NOT INCLUDE A
TELEPHONE THAT THE CUSTOMER OPERATES.

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

Approved May 27, 1980.

CHAPTER 813

(House Bill 1949)

AN ACT concerning

Creation of a State Debt - Rail Property Acquisition

FOR the purpose of authorizing the creation of a State Debt
in the amount of $15,000,000 $5,000,000, the proceeds
to be used for the acquisition, improvement, and
rehabilitation of property and property rights of any
kind in certain rail facilities within and without the
State of Maryland; providing for the terms and
conditions for the acquisition of these property
rights; and providing generally for the issue and sale
of bonds evidencing the loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1) The Board of Public Works may borrow money and
incur indebtedness on behalf of the State of Maryland
through a State loan to be known as the Rail Property
Acquisition Loan of 1980 in the aggregate principal amount
of $15,000,000 $5,000,000. This loan shall be evidenced by
the issuance and sale of State general obligation bonds
authorized by a resolution of the Board of Public Works and
issued, sold and delivered in accordance with the provisions
of §§ 19 to 23 of Article 31 of the Annotated Code of
Maryland (1976 Replacement Volume and 1979 Supplement, as
amended from time to time).

 

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Session Laws, 1980
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