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LAWS OF MARYLAND

Ch. 6

(2) (B) TO ACQUIRE BY PURCHASE OR CONDEMNATION ANY
PROFESSIONAL SPORTS FRANCHISE WHICH HAS OR HAD THE TERRITORIAL
RIGHTS TO REPRESENT BALTIMORE CITY ON OR AFTER JANUARY 1, 1983,
INCLUDING, WITHOUT LIMITATION, (1) THE FRANCHISE RIGHT TO COMPETE
IN AN ORGANIZED LEAGUE OR ASSOCIATION; (2) THE BUSINESS ENTITY
OWNING OR OPERATING SUCH FRANCHISE; (3) ALL CONTRACTUAL RIGHTS
OWNED BY THE BUSINESS ENTITY WHICH ARE NECESSARY, INCIDENT, AND
APPROPRIATE TO OWNERSHIP AND OPERATION OF SUCH FRANCHISE; (4)
ALL INTERESTS IN AND RIGHTS TO REAL PROPERTY OWNED BY THE
BUSINESS ENTITY WHICH ARE NECESSARY, INCIDENT, AND APPROPRIATE TO
OWNERSHIP AND OPERATION OF SUCH FRANCHISE; AND (5) ANY AND ALL
OTHER PROPERTY RIGHTS; WHERESOEVER THE SAME MAY BE LOCATED IN THE
STATE OF MARYLAND, WHETHER TANGIBLE, INTANGIBLE, REAL, PERSONAL,
OR MIXED OWNED BY THE BUSINESS ENTITY, OR TO WHICH THE BUSINESS
ENTITY HAS A CLAIM, WHICH ARE NECESSARY, INCIDENT TO AND
APPROPRIATE TO THE OPERATION OF A PROFESSIONAL SPORTS FRANCHISE
IN BALTIMORE CITY; AND TO SELL OR OTHERWISE DISPOSE OF SUCH
FRANCHISE AND COLLATERAL RIGHTS, IN WHOLE OR IN PART, SUBJECT TO
SUCH RESTRICTIONS AND RESERVATIONS AS MAY BE NECESSARY OR
APPROPRIATE.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety and having
been passed by a yea and nay vote supported by three-fifths of
all the members elected to each of the two Houses of the General
Assembly, the same shall take effect from the date of its
passage.

Approved March 29, 1984.

CHAPTER 7

(House Bill 991)

AN ACT concerning

Pensions - Benefits and Contributions

FOR the purpose of altering certain conditions of membership in
the Employees' and Teachers' Retirement Systems; providing
for the computation of retirement allowances, retirement
allowance adjustments, and member's contributions from a
certain date; providing for the selection of alternative
retirement allowances, retirement allowance adjustments, and
member's contributions; providing for subsequent selections;
providing for the payment of a certain rate of interest on a
member's retirement contributions; providing for certain
restrictions on the fiscal year 1985 State general fund
appropriations in the State budget for retirement programs;