WILLIAM DONALD SCHAEFER, Governor                            Ch. 615

(ii) The Board develops written rules and regulations for the
enforcement of the restrictions that comply with the due process:

1.        Providing notice; and

2.        Providing a hearing.

(4) (I) A LICENSEE MAY CREATE A SECURITY INTEREST IN ITS
LICENSE IN FAVOR OF A LANDLORD OR ANY CREDITOR OF THE LICENSEE. THE
SECURITY INTEREST SHALL BE PERFECTED IN ACCORDANCE WITH THE
COMMERCIAL LAW ARTICLE OF THE CODE.

(II)     THE LICENSEE SHALL DELIVER A COPY OF THE UNDERLYING
SECURITY AGREEMENT THAT IS SIGNED BY OR ON BEHALF OF THE INDIVIDUAL OR
ENTITY THAT HOLDS THE LICENSE.

(III)    ANY TRANSFER OF A LICENSE PURSUANT TO A SECURITY
AGREEMENT SHALL BE SUBJECT TO APPROVAL BY THE BOARD IN THE SAME
MANNER AS IS ANY OTHER LICENSE TRANSFER EXCEPT THAT THE WRITTEN
CONSENT AND COOPERATION OF THE EXISTING LICENSEE IS NOT REQUIRED.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1994.

Approved May 26, 1994.

CHAPTER 615
(House Bill 935)

AN ACT concerning

Secretary of State - Division of State Documents - Publication of Maryland Contract
Weekly and Public Access to Documents

FOR the purpose of requiring the Division of State Documents to compile, edit, and
publish at a certain frequency the Maryland Contract Weekly; requiring the
Contract Weekly to contain certain information and prohibiting the publication of
certain information; providing for reimbursement of publication costs under certain
circumstances; providing for the printing, distribution, and sale of the Contract
Weekly; requiring the publication of certain notices in the Contract Weekly;
requiring the Joint Committee on Administrative, Executive, and Legislative
Review to adopt certain guidelines; prohibiting the Administrator of the Division
from allowing public access to certain documents before a certain date; making
provisions of a document in the Contract Weekly severable; making a certain
technical correction; and generally relating to the publication of the Maryland
Contract Weekly by the Division of State Documents and to public access to certain
Division documents.

BY repealing and reenacting, with amendments,

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