LAWS OF MARYLAND 1985
At an Extraordinary Session of the General Assembly of Maryland,
begun and held in the City of Annapolis on the
Seventeenth Day of May, 1985, and Ending on the
Twenty-eighth Day of May, 1985, Harry Hughes, being
Governor of the State, the following laws were
enacted, to wit:
(Senate Bill 1)
AN ACT concerning
Savings and Loan Associations - Governor's Emergency Powers
FOR the purpose of authorizing the Governor in emergency
situations, by executive order, to take certain action
regarding savings and loan associations under certain
circumstances; establishing procedures for legislative
review; providing for the termination of this authority;
ratifying and confirming certain action; requiring certain
fees to be waived and prohibiting certain information from
being recorded on a person's credit record; providing for
the construction of this Act; providing for certain
penalties; making this Act an emergency measure; and
generally relating to the Governor's emergency powers and
savings and loan associations.
BY repealing and reenacting, with amendments,
Article - State Government
Annotated Code of Maryland
BY adding to
Article 41 - Governor - Executive and Administrative
EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by
amendment or deleted from the law by amendment.