Ch. 80                                          LAWS OF MARYLAND

(I)  THOSE THAT A GROWER HAS NOT SOLD; AND

(II)  THE FIRST 500 BUSHELS THAT A GROWER HAS
SOLD.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1988.

Approved April 12, 1988.

CHAPTER 80

(House Bill 342)

AN ACT concerning

Reciprocal Interstate Banking Acquisitions -
Longevity Requirements - Conversions

FOR the purpose of enabling a certain longevity requirement for
certain reciprocal interstate banking acquisitions to be
satisfied by requiring the period of existence and
continuous operation of a State-chartered savings and loan
association that has converted to a Maryland bank to be
included in the period of existence and continuous operation
of the Maryland bank resulting from the conversion under
certain circumstances and conditions; altering a certain
definition; defining a certain term; making certain
technical changes; providing for a certain effective date;
and generally relating to the satisfaction of longevity
requirements of Maryland banks created through the
conversion from a savings and loan association for the
purposes of reciprocal interstate banking acquisitions.

BY repealing and reenacting, without amendments,

Article - Financial Institutions

Section 5-1001(k) and (1) and 5-1003(a)(2)

Annotated Code of Maryland

(1986 Replacement Volume and 1987 Supplement)

BY repealing and reenacting, with amendments,

Article - Financial Institutions

Section 5-1001(j) and 5-1003(a)(3) and (e)

Annotated Code of Maryland

(19.86 Replacement Volume and 1987 Supplement)

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