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Session Laws, 1985
Volume 760, Page 1914   View pdf image
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1914

LAWS OF MARYLAND

Ch. 206

circumstance is held invalid for any reason in a court of
competent jurisdiction, the invalidity does not affect other
provisions or any other application of this Act which can be
given effect without the invalid provision or application, and
for this purpose the provisions of this Act are declared
severable.

SECTION 7 8. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1985.

Approved May 21, 1985.

CHAPTER 207

(Senate Bill 513)

AN ACT concerning

Creation of a State Debt - Great Blacks in Wax Museum

FOR the purpose of authorizing the creation of a State Debt in
the amount of $138,000 $70,000 $100,000, the proceeds to be
used as a grant to the Great Blacks in Wax Museum for the
purpose of the land acquisition, relocation, renovation,
reconstruction, rehabilitation, improvement, expansion, and
equipping of the Great Blacks in Wax Museum in Baltimore
City, including the acquisition and construction of
additional wax figures and display scenes, subject to the
requirement that the Great Blacks in Wax Museum provide a at
least an equal and matching fund of a certain type in a
certain amount for the same purpose by a certain date; and
providing generally for the issue and sale of bonds
evidencing the loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1)  The Board of Public Works may borrow money and incur
indebtedness on behalf of the State of Maryland through a State
loan to be known as the Great Blacks in Wax Museum Loan of 1985
in the aggregate principal amount of $138,000 $70,000 $100,000.
This loan shall be evidenced by the issuance and sale of State
general obligation bonds authorized by a resolution of the Board
of Public Works and issued, sold and delivered in accordance with
the provisions of §§ 19 to 23 of Article 31 of the Annotated Code
of Maryland (1983 Replacement Volume and 1984 Supplement, as
amended from time to time).

(2)  The bonds issued to evidence this loan or installments
thereof may be sold as a single issue, or may be consolidated and
sold as part of a single issue of bonds under § 2B of Article 31
of the Code.

 

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Session Laws, 1985
Volume 760, Page 1914   View pdf image
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