WILLIAM DONALD SCHAEFER, Governor Ch. 679

(ii) Purchase-money mortgages or like
securities received by it upon the sale or exchange of real
property acquired pursuant to subsection (8).

(iii) Bonds, notes or other evidence of
indebtedness secured by mortgages or deeds of trust which are
guaranteed or insured by an instrumentality of the United States,
pursuant to acts of Congress, as heretofore and hereafter
amended, known as the National Housing Act; Servicemen's
Readjustment Act of 1944; Bankhead-Jones Farm Tenant Act; and
neither the limitations of this section nor any other law of this
State requiring security upon which loans shall be made, or
prescribing the nature, amount or forms of such security, or
limiting the interest rates upon loans, shall be deemed to apply
to such insured or guaranteed mortgage loans.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved May 25, 1989.

CHAPTER 679

(House Bill 682)

AN ACT concerning

Controlled Dangerous Substances -
Subsequent Offenders - Conspiracy - Penalties

FOR the purpose of requiring certain mandatory minimum penalties
for subsequent convictions for conspiracy to violate certain
controlled dangerous substance laws; making technical
changes; and generally relating to penalties for subsequent
convictions for certain controlled dangerous substance
violations.

BY repealing and reenacting, with amendments,

Article 27 - Crimes and Punishments

Section 286

Annotated Code of Maryland

(1987 Replacement Volume and 1988 Supplement)

(As enacted by Chapter 439 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:

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