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Session Laws, 1988
Volume 770, Page 4212   View pdf image
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Ch. 626

LAWS OF MARYLAND

(6) NO REPAYMENT OF PRINCIPAL OR INTEREST ON
THE BONDS USED FOR CONSTRUCTION, RECONSTRUCTION, OR
REHABILITATION COSTS WILL BE REQUIRED UNLESS THE HOUSING CEASES
TO BE OPERATED IN ACCORDANCE WITH THE COVENANTS CONTAINED IN
REGULATORY AGREEMENTS BETWEEN THE COMMUNITY DEVELOPMENT
ADMINISTRATION AND THE LOCAL GOVERNMENT.

(4) An annual State tax is imposed on all assessable
property in the State in rate and amount sufficient to pay the
principal of and interest on the bonds, as and when due and until
paid in full. The principal shall be discharged within 15 years
after the date of issue of the bonds.

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

Approved May 27, 1988.

CHAPTER 626

(Senate Bill 883)

AN ACT concerning

Anne Arundel County - Sunday Sales - Vehicles

FOR the purpose of permitting dealers to sell certain vehicles on
Sunday in Anne Arundel County.

BY repealing and reenacting, with amendments,

Article 27 - Crimes and Punishments

Section 493(d)

Annotated Code of Maryland

(1987 Replacement Volume)

(As enacted by Chapter 8 of the Acts

of the General Assembly of 1988)

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

Article 27 - Crimes and Punishments

493.

(d) (1) Except [in Montgomery County and Prince George's
County] AS PROVIDED IN PARAGRAPH (3) OF THIS SUBSECTION, a new or

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Session Laws, 1988
Volume 770, Page 4212   View pdf image
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