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HARRY HUGHES, Governor 2401
or reports to the Authority; conforming certain terminology
in the MIDFA Act to that in the Maryland Economic
Development Revenue Bond Act; repealing certain provisions
relating to the issuance of bonds and the making of loans
under the MIDFA Act, the participation, of certain public
bodies under the MIDFA Act, and certain requirements for
loans or insurance under the MIDFA Act; generally relating
to the Authority, and its establishment, organization, and
powers, and the bond insurance fund and the authorized
purpose insurance fund; adding the Authority as a public
body under the Maryland Economic Development Revenue Bond
Act and providing for the Authority's participation as a
public body under that Act; making certain technical and
clarifying changes in the Maryland Economic Development
Revenue Bond Act; correcting certain errors in Chapter 791
of the Laws of Maryland of 1982 by repealing §§ 266A-1,
266A-2, and 266A-3 of the Maryland Economic Development
Revenue Bond Act; providing that this Act shall not affect
the validity of transactions entered into before the
effective date of this Act; and ratifying the validity and
enforceability of agreements entered into before the
effective date of this Act.
BY repealing
Article - Financial Institutions
Section 13-101 through 13-156, inclusive
Annotated Code of Maryland
(1980 Volume and 1982 Supplement)
BY adding to
Article - Financial Institutions
Section 13-101 through 13-141, inclusive
Annotated Code of Maryland
(1980 Volume and 1982 Supplement)
BY repealing and reenacting, with amendments,
Article 41 - Governor - Executive and Administrative
Departments
Section 266A(c), (g), and (n), 266D(a), (d), (e), (f), and
(h), and 266F(d) and (e)
Annotated Code of Maryland
(1982 Replacement Volume)
BY repealing
Article 41 - Governor - Executive and Administrative
Departments
Section 266A-1, 266A-2, and 266A-3
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