2710

LAWS OF MARYLAND

Ch. 720

CHAPTER 720

(House Bill 349)

AN ACT concerning

Investment Securities

FOR the purpose of authorizing the issuance of uncertificated
securities; and providing for the transfer, creation, and
perfection of security interests in uncertificated
securities issued by corporations, municipal corporations,
and other persons.

BY repealing and reenacting, without amendments,

Article - Commercial Law

Section 8-101

Annotated Code of Maryland

(1975 Volume and 1985 Supplement)

BY repealing and reenacting, with amendments,

Article - Commercial Law

Section 1-201(5), (14), and (20), 5-114(2), 8-102 through
8-107, inclusive, 8-201 through 8-320, inclusive,
and the subtitle "Subtitle 3. Purchase", 8-401
through 8-406, inclusive, 9-103(3)(a), 9-105(l)(i),
9-203(1), 9-302(l)(f), 9-304(1), (4), and (5),
9-305, 9-309, and 9-312(7)

Annotated Code of Maryland

(1975 Volume and 1985 Supplement)

BY adding to

Article - Commercial Law

Section 8-108, 8-321, 8-407, 8-408, and 9-103(6)

Annotated Code of Maryland

(1975 Volume and 1985 Supplement)

BY repealing and reenacting, with amendments,

Article - Corporations and Associations

Section 2-210

Annotated Code of Maryland

(1985 Replacement Volume and 1985 Supplement)

BY adding to

Article - Corporations and Associations
Section 8-203(e)