HARRY HUGHES, Governor

4561

Neither any management consultant fee charged in
connection with a loan application nor any stock option
taken in connection with any loan made by the corporation
shall be taken into consideration when arriving at the
maximum interest rate chargeable.

[429.] 18. Severability.

The provisions of this subtitle are severable, and if
any of its provisions shall be held unconstitutional by any
court of competent jurisdiction, the decision of such court
shall not affect or impair any of the remaining provisions.

SECTION 4. AND BE IT FURTHER ENACTED, That the
Revisor's Notes and catchlines contained in this Act are not
law and may not be considered to have been enacted as a part
of this Act.

SECTION 5. AND BE IT FURTHER ENACTED, That a word or
term used in this Act, unless the context clearly requires
otherwise, has the meaning indicated by a definition in the
Annotated Code of Maryland (1957 edition, as amended) of the
word or term, to the same extent as that definition applied
immediately preceding the effective date of this Act.

SECTION 6. AND BE IT FURTHER ENACTED, That, except as
to those provisions held to be an unconstitutional pledge of
the faith and credit of this State, this Act may not be
construed or interpreted to alter any term or condition of
any bond, note, or other evidence of indebtedness or
obligation, impair or alter any contract, or affect in any
manner the rights of the issuer or any holder of any bond,
note, or other evidence of obligation issued by the
Corporation under Article 23 of the Annotated Code of
Maryland, (1957 edition, as amended).

SECTION 7. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.

Approved June 1, 1982.

CHAPTER 827
(Senate Bill 869)

AN ACT concerning