HARRY HUGHES, Governor

3421

evidence is not presented by June 1, 1984 the proceeds of
the loan shall be applied to the purposes authorized in
Article 78A, § 3 of the Code. If satisfactory evidence of
the raising of at least an equal and matching fund for this
project is presented to the Board of Public Works on or
before June 1, 1984, the Board of Public Works shall so
certify to the Treasurer of the State and the proceeds of
the loan shall be expended in accordance with the provisions
of this Act. If satisfactory evidence of the raising of at
least an equal and matching fund for this project is not
presented to the Board of Public Works on or before June 1,
1984, the proceeds of the loan shall be applied to the
purposes authorized in Article 78A, § 3 of the Code.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1982.

Approved June 1, 1982.

CHAPTER 565

(Senate Bill 930)

AN ACT concerning

Maryland Higher Education Loan Corporation - Officers

and Employees

FOR the purpose of removing the authority of the board of
directors of the Maryland Higher Education Loan
Corporation to set salary levels for its officers and
employees; and re-affirming that those officers and
employees are not in the State merit system.

BY repealing and reenacting, with amendments,

Article - Education

Section 18-1005

Annotated Code of Maryland

(1978 Volume and 1981 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
read(s) as follows:

Article - Education

18-1005.

(a) Each year: