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787
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HARRY HUGHES, Governor
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decedent. In no event may the allowance exceed [$1,200] $2,000
$1,500 $1,800 unless the estate of the decedent is solvent and a
special order of court has been obtained. If the estate is
solvent and the will expressly empowers the personal
representative to pay the expenses without an order of court, an
allowance by the court is not required.
(c) If the funeral expenses are not paid within six months,
the creditor may petition the court to require the personal
representative to show cause why he should not be compelled to
make the payment. If the court finds that the claim is valid, it
shall fix the amount due and shall order the personal
representative to make payment within ten days after the order is
served upon him. If the personal representative does not have
sufficient funds, the claimant may at a later date resubmit his
petition when the personal representative has sufficient funds.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 10, 1983.
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CHAPTER 163
(Senate Bill 784)
AN ACT concerning
Secondary Mortgage Loans
FOR the purpose of altering a certain circumstance, relative to
the method of calculating interest on secondary mortgage
loans, that must be met in order for a lender to charge a
rate of interest not to exceed 24 percent on a secondary
mortgage loan made during a certain period of time.
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 12-404
Annotated Code of Maryland
(1975 Volume and 1982 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Commercial Law
12-404.
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