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Session Laws, 1987
Volume 769, Page 2533   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                   Ch. 569

to the effective date of this Act. In case of any dispute as to
what money or assets may qualify as matching funds, the Board of
Public Works shall determine the matter, and the Board's decision
is final. The Somerset County Agricultural and Civic Center,
Inc. have until June 1, 1989, to present evidence satisfactory to
the Board of Public Works that the matching fund will be
provided. If satisfactory evidence is presented, the Board shall
certify this fact to the State Treasurer and the proceeds of the
loan shall be expended for the purposes provided in this Act. If
this evidence is not presented by June 1, 1989, the proceeds of
the loan shall be applied to the purposes authorized in § 8-129
of the State Finance and Procurement Article.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1987.

Approved May 14, 1987.

CHAPTER 569

(House Bill 1365)

AN ACT concerning

Real Property - Time Share Sales

FOR the purpose of prohibiting certain misrepresentations made to
time share purchasers; permitting time share purchasers to
void closing under certain conditions; and generally
relating to the rights of time share purchasers.

BY repealing and reenacting, with amendments,

Article - Real Property

Section 11A-114(b)

Annotated Code of Maryland

(1981 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

11A-114.

(b) The right of cancellation cannot be waived by the
purchaser or by any other person. No closing shall occur until
the purchaser's cancellation period has expired. Any FALSE

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Session Laws, 1987
Volume 769, Page 2533   View pdf image
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