Ch. 593
LAWS OF MARYLAND
(F) ANY PERSON WHO VIOLATES SUBSECTION (B) OF THIS SECTION
IS GUILTY OF A MISDEMEANOR AND ON CONVICTION IS SUBJECT TO A FINE
OF NOT LESS THAN $1,000 NOR MORE THAN NOT EXCEEDING $2,500,
IMPRISONMENT NOT EXCEEDING 6 MONTHS, OR BOTH.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.
Approved May 25, 1989.
CHAPTER 593
(Senate Bill 592)
AN ACT concerning
Creation of a State Debt - Babe Ruth Museum
FOR the purpose of authorizing the creation of a State Debt in
the amount of $3,300,000 $300,000 the proceeds to be used as
a grant to the Babe Ruth Museum in Baltimore City for the
expansion and renovation of the Museum, subject to the
requirement that the Babe Ruth Museum provide at least an
equal and matching fund of a certain kind for the same
purpose by a certain date; requiring that certain easements
be granted to the Maryland Historical Trust; and providing
generally for the issue and sale of bonds evidencing the
loan.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:
(1) The Board of Public Works may borrow money and incur
indebtedness on behalf of the State of Maryland through a State
loan to be known as the Babe Ruth Museum Loan of 1989 in the
total principal amount of $3,300,000 $300,000. This loan shall
be evidenced by the issuance, sale, and delivery of State general
obligation bonds authorized by a resolution of the Board of
Public Works and issued, sold, and delivered in accordance with
§§ 8-117 through 8-124 of the State Finance and Procurement
Article and Article 31, § 22 of the Code.
(2) The bonds to evidence this loan or installments of this
loan may be sold as a single issue, or may be consolidated and
sold as part of a single issue of bonds under § 8-122 of the
State Finance and Procurement Article.
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