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Session Laws, 1980
Volume 739, Page 724   View pdf image
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724

LAWS OF MARYLAND

Ch. 33

(1)   [A violation] ANY PERSON WHO VIOLATES ANY
PROVISION of this section is GUILTY OF a misdemeanor[,
punishable upon] AND ON conviction (by] is SUBJECT TO a fine
of not more than [five hundred dollars (]$500[)] or
imprisonment for [one] NOT MORE THAN 1 year[,] or both[;].

(2)   (and a] A conviction of any real estate
broker or real estate salesman for a violation of this
section shall be referred to the Maryland Real Estate
Commission for action.

REVISOR'S NOTE: Ch. ____, Acts of 1980, which enacted

the Financial Institutions Article, also amended
this. section to incorporate in it, as new
subsection (b), the provisions of Art. 11, §
108H.

Present Art. 11, § 108H deals with financial
assistance by "any person, firm, corporation or
association" and is not limited to assistance by
banking or other financial institutions.
Consequently, its placement here, subject to a
uniform penalty, was considered more appropriate.

The only other changes are in style.
Article 78 - Public Service Commission law

32.

(b) A permit is not required for the following:

(9) Armored vehicles used to transport property
which consists exclusively of coin, currency, stocks, bonds,
securities and negotiable instruments with armed guards in
attendance from point of pickup to point of delivery.
Provided, however, that such armored car carriers shall
comply with the provisions of § 31 (a), (b) and (c) of this
article, except as between fixed termini as defined in TITLE
11 OF THE TRANSPORTATION Article [66 1/2, § 1-128. A bank
licensed in Maryland may not operate its own armored car
service, either as an individual bank or through a holding
company ].

REVISOR'S NOTE: Ch.___, Acts of 1980, which enacted

the Financial Institutions Article, also amended
this section to transfer to FI § 5—505 the last
sentence of this section, which prohibits the
operation of armored car services by banking
institutions, and to correct a cross reference.

Article 81 — Revenue and Taxes

128B.

SAVINGS AND LOAN ASSOCIATIONS.

 

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Session Laws, 1980
Volume 739, Page 724   View pdf image
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