3804

VETOES

this section COMPLIES WITH § 1-304 OF THE FINANCIAL INSTITUTIONS
ARTICLE.

Article - Financial Institutions

1-304.

(a)   In this section, "subpoena" means a subpoena, summons,
warrant, or court order that appears on its face to have been
issued on lawful authority.

(b)  A fiduciary institution may disclose OR PRODUCE
FINANCIAL RECORDS OR INFORMATION DERIVED FROM financial records
in compliance with a subpoena SERVED ON THE FIDUCIARY
INSTITUTION, if:

(1)  [the] THE subpoena [is served on the fiduciary
institution and, unless waived by the court for good cause, on
the customer] CONTAINS A CERTIFICATION THAT A COPY OF THE

SUBPOENA HAS BEEN SENT BY CERTIFIED MAIL, RETURN RECEIPT

REQUESTED, TO SERVED ON THE PERSON WHOSE RECORDS ARE SOUGHT BY
THE PARTY SEEKING THE DISCLOSURE OR PRODUCTION OF THE RECORDS; OR

(2)  CONTAINS A CERTIFICATION THAT MAILING BY

CERTIFIED MAIL, RETURN RECEIPT REQUESTED, SERVICE HAS BEEN WAIVED
BY THE COURT FOR GOOD CAUSE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

May 27, 1986
The Honorable Melvin A. Steinberg
President of the Senate
State House
Annapolis, Maryland 21404

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed Senate Bill 727.

This bill authorizes a licensed vehicle dealer or salesman
to participate in annual industry-wide vehicle shows if the
dealer holds a valid vehicle dealer's license and an application
is filed with the Motor Vehicle Administration at least 60 days
before the show containing the names and addresses of
participating dealers.

House Bill 992, which was passed by the General Assembly and
signed by me on May 27, 1986, accomplishes the same purpose.
Therefore, it is not necessary for me to sign Senate Bill 727.