PARRIS N. GLENDENING, Governor                                 Ch. 444

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - Insurance

1-203.

(a)     (1) In this section the following words have the meanings indicated.

(2)     "Certificate of guarantee" means an instrument that is issued:

(i) by a nonprofit association of contractors, or its wholly owned
subsidiary that is approved to operate by CHARLES COUNTY CALVERT COUNTY,
CHARLES COUNTY, ST. MARY'S COUNTY, Prince George's [County] COUNTY, or
Montgomery County, as appropriate; and

(ii) on behalf of a contractor for the purpose of satisfying:

1.       county bond requirements for public improvements; or

2.       other county bond requirements.

(3)     "Contractor" means a person that, for a fixed price, commission, fee, or
percentage, undertakes to bid on or accepts or offers to accept orders or contracts to
perform or supervise the construction, improvement, or maintenance of a building,
structure, or road.

(b)     This article does not apply to a certificate of guarantee.

(c)     CHARLES COUNTY CALVERT COUNTY, CHARLES COUNTY, ST. MARY'S
COUNTY, Montgomery [County] COUNTY, and Prince George's County:

(1)     may honor certificates of guarantee; but

(2)     are not required under this article to honor certificates of guarantee.

SECTION 3. AND BE IT FURTHER ENACTED, That Section 1 of this Act shall
take effect October 1, 1995.

SECTION 4. AND BE IT FURTHER ENACTED, That Section 2 of this Act shall
take effect October 1, 1997.

Approved May 18, 1995.

CHAPTER 444
(House Bill 466)

AN ACT concerning

Prince George's County - Election Judges - Salaries
PG 419-95

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