2602

LAWS OF MARYLAND

Ch. 482

and/or interest on the same by the issuer. Investments or
deposits made pursuant to this section may be withdrawn or
altered from time to time by the investing or depositing officer
or governing body either to meet the requirements for which such
funds are held or for reinvestment pursuant to the terms hereof.

All such investments made prior to March 2, 1943, are hereby
legalized, validated, ratified and confirmed, notwithstanding the
absence of statutory authority therefor or any inconsistent
provision of law.

22F.

(a) The Treasurer of this State may invest, redeem, sell,
exchange, and reinvest any unexpended or surplus money of any
fund or account over which that officer has custody as Treasurer
in the following types of securities:

(1) (i) Any bond or other obligation for the payment
of principal and interest for which the faith and credit of the
United States of America are pledged; or

(ii) Any obligation of any federal governmental
agency that is issued under an act of Congress; or

SECTION 2. 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 May 15, 1984.

CHAPTER 483

(House Bill 1452)

AN ACT concerning

Vehicle Law Registration - Rollback

FOR the purpose of providing a definition for the term

"rollback"; requiring that certain rollbacks be classified

for registration purposes as tow trucks; and generally
relating to the registration of rollbacks.

BY adding to

Article - Transportation