3202

LAWS OF MARYLAND

Ch. 871

(1)  TO CONVEY TITLE TO SUCH PROJECT OR PROJECTS
TO SUCH PERSON OR SUBDIVISION, FREE AND CLEAR OF ALL LIENS
AND ENCUMBRANCES, ALL TO THE EXTENT THAT TITLE TO SUCH
PROJECT OR PROJECTS SHALL NOT, AT THE TIME, THEN BE VESTED
IN SUCH PERSON OR SUBDIVISION; AND

(2)  TO RELEASE SECURITIES HELD AS COLLATERAL BY
A TRUSTEE OR TRUSTEES PURSUANT TO THE TRUST AGREEMENT TO
SUCH PERSON OR SUBDIVISION, WHICH HAD, PURSUANT TO THE TRUST
AGREEMENT, DEPOSITED AND TURNED OVER SUCH SECURITIES TO A
TRUSTEE OR TRUSTEES IN ORDER TO ASSURE THE FULL PAYMENT AND
RETIREMENT OF SAID BONDS, FREE AND CLEAR OF ALL LIENS AND
ENCUMBRANCES, ALL TO THE EXTENT THAT TITLE TO SUCH
SECURITIES SHALL NOT, AT THE TIME, THEN BE VESTED IN SUCH
PERSON OR SUBDIVISION.

27. 3-727.

THIS ARTICLE SUBTITLE SHALL BE DEEMED TO PROVIDE AN
ADDITIONAL AND ALTERNATIVE METHOD FOR THE DOING OF THINGS
AUTHORIZED THEREBY AND SHALL BE REGARDED AS SUPPLEMENTAL AND
ADDITIONAL TO POWERS CONFERRED BY OTHER LAWS, AND SHALL NOT
BE REGARDED AS IN DEROGATION OF ANY POWERS NOW EXISTING.

28. 3-728.

THIS ARTICLE SUBTITLE, BEING NECESSARY FOR THE WELFARE
OF THE STATE AND ITS INHABITANTS, SHALL BE LIBERALLY
CONSTRUED TO EFFECT THE PURPOSES HEREOF.

29. 3-729.

IF PRIOR TO JULY 1, 1981, AT LEAST TWO OF THE FOLLOWING
THREE FOUR COUNTIES (MAYOR AND CITY COUNCIL OF BALTIMORE,
BALTIMORE COUNTY, MARYLAND ANNE ARUNDEL COUNTY, MARYLAND AND
HARFORD COUNTY, MARYLAND) HAVE NOT FILED A RESOLUTION OF
PARTICIPATION AS REQUIRED BY THIS ARTICLE SUBTITLE THEN THIS
ARTICLE SUBTITLE SHALL BECOME NULL AND VOID.

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

Approved May 27, 1980.

CHAPTER 872
(House Bill 1960)
AN ACT concerning

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