Ch. 522                                    1995 LAWS OF MARYLAND

SECTION 2. 6. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1995.

Approved May 25, 1995.                                                                   

CHAPTER 522
(Senate Bill 466)

AN ACT concerning

Dorchester County - Authority to Incur Debt

FOR the purpose of repealing certain provisions concerning the authority of the County
Commissioners of Dorchester County to incur certain debt; authorizing and
empowering the County Commissioners to incur certain long-term and short-term
debt to finance public facility investments and for other public purposes;
authorizing the County Commissioners to evidence such borrowing by issuance of
certain instruments; limiting the amount of borrowing within a. fiscal year and
limiting the term of certain debt; authorizing the County Commissioners to
prescribe certain terms and conditions, subject to certain provisions; providing
exemptions from certain statutory provisions; requiring the County Commissioners
to levy annually certain taxes to support certain debt; providing that certain
instruments are backed by the full faith and credit of the County under certain
circumstances; specifying the manner by which certain instruments may be sold;
defining certain terms; and generally relating to the authority of the County
Commissioners of Dorchester County to incur certain debt.

BY repealing

The Public Local Laws of Dorchester County

Section 10-16 and 10-17

Article 10 - Public Local Laws of Maryland

(1984 Edition and June 1994 Supplement, as amended)

BY adding to

The Public Local Laws of Dorchester County

Section 10-16 and 10-17

Article 10 - Public Local Laws of Maryland

(1984 Edition and June 1994 Supplement, as amended)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section(s) 10-16 and 10-17 of Article 10 - Dorchester County of the
Code of Public Local Laws of Maryland be repealed.

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

- 2972 -