116

LAWS OF MARYLAND

Ch. 17

(iii) Being adjudged bankrupt or insolvent
or having entered against him an order of relief in any
bankruptcy or insolvency proceeding;

(iv) Filing a petition or answer seeking
for himself any reorganization, arrangement, composition,
readjustment, liquidation, dissolution, or similar relief
under any statute, law, or regulation;

(v) Filing an answer or other pleading
admitting or failing to contest the material allegations of
a petition filed against him in any proceeding of this
nature; or

(vi) Seeking, consenting to,         or

acquiescing in, the appointment of a trustee, receiver,     or

liquidation of the general partner or of all or    any
substantial part of his properties;

10-703.

(b) An assignee who has become a limited partner has,
to the extent assigned, the rights and powers, and is
subject to the restrictions and liabilities, of a limited
partner under the partnership agreement and this title. An
assignee who becomes a limited partner also is liable for
the obligations of his assignor to make and return
contributions as provided in subtitle 5 and subtitle 6.[,
however] HOWEVER, the assignee is not obligated for
liabilities unknown to the assignee at the time he became a
limited partner and which could not be ascertained from the
certificate or the partnership agreement.

SECTION 7. AND BE IT FURTHER ENACTED, That section(s)
of the Annotated Code of Maryland read(s) as follows:

Article - Education

3-111.

(b) (1) A county employee member of the council who
does not maintain his employment in the county shall be
replaced on the council.

(2) A county citizen member who does NOT
maintain his residence in the county shall be replaced on
the council.

5-202.

(a) (3) "Basic current expenses" means the
expenditures made by a county from State and county revenue
for public elementary and secondary education exclusive of: