Ch. 673

1994 LAWS OF MARYLAND

(2) THE PROPERTY MAY BE SOLD AT PUBLIC AUCTION AFTER A
DESCRIPTION OF THE PROPERTY AND THE TIME, PLACE, AND TERMS OF THE SALE
HAVE BEEN PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION IN THE
COUNTY IN EACH OF 2 SUCCESSIVE WEEKS;

(3) THE AMOUNT RECEIVED FROM THE SALE OF PROPERTY IN
ACCORDANCE WITH THIS SECTION SHALL BE DISTRIBUTED IN THE FOLLOWING
ORDER OF PRIORITY:

(I) TO THE SHERIFF, IN AN AMOUNT EQUAL TO THE EXPENSE OF
THE SALE AND ALL EXPENSES INCURRED WHILE THE PROPERTY WAS IN THE
SHERIFF'S CUSTODY;

(II)     TO LIENHOLDERS IN ORDER OF THEIR PRIORITY; AND

(III)    SUBJECT TO THE PROVISIONS OF ITEM (4) OF THIS SUBSECTION,
TO THE GENERAL FUND OF THE COUNTY; AND

(4) AT ANY TIME WITHIN 3 YEARS FROM THE DATE OF THE SALE OF
THE PROPERTY, ANY PERSON SUBMITTING SATISFACTORY PROOF OF THE PERSON'S
RIGHT TO THE POSSESSION OF THE PROPERTY SHALL BE PAID, WITHOUT INTEREST,
THE AMOUNT DISTRIBUTED TO THE GENERAL FUND PURSUANT TO ITEM (3) OF THIS
SUBSECTION, AND AFTER THE EXPIRATION OF 3 YEARS FROM THE DATE OF THE
SALE, ANY CLAIMS SHALL BE ABSOLUTELY BARRED.

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

Approved May 26, 1994.

CHAPTER 673
(House Bill 1435)

AN ACT concerning

Capital Debt Affordability Committee - Review of Debt of the Baltimore City Community

College

FOR the purpose of requiring that the Capital Debt Affordability Committee, in addition
to its other duties, shall review on a continuing basis the size and condition of any
debt of the Baltimore City Community College; and generally relating to the Capital
Debt Affordability Committee.

BY repealing and reenacting, with amendments,
Article - State Finance and Procurement
Section 8-112

Annotated Code of Maryland
(1988 Replacement Volume and 1993 Supplement)

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