PARRIS N. GLENDENING, Governor

Ch. 581

(I)      THE EXISTENCE OF THE MORTGAGE, DEED OF TRUST, OR
OTHER SUBORDINATE INTEREST IS NOT REASONABLY ASCERTAINABLE;

(II)     THE IDENTITY OR ADDRESS OF THE HOLDER OF THE
MORTGAGE, DEED OF TRUST, OR OTHER SUBORDINATE INTEREST IS NOT
REASONABLY ASCERTAINABLE;

(III)   WITH RESPECT TO A RECORDED OR FILED SUBORDINATE
MORTGAGE, DEED OF TRUST, OR OTHER RECORDED OR FILED SUBORDINATE
INTEREST, THE RECORDATION OR FILING OCCURRED AFTER THE LATER OF:

1.        30 DAYS BEFORE THE DAY ON WHICH THE FORECLOSURE
SALE WAS ACTUALLY HELD; AND

2.        THE DATE THE ACTION TO FORECLOSE THE MORTGAGE
OR DEED OF TRUST WAS FILED; OR

(IV)    WITH RESPECT TO AN UNRECORDED OR UNFILED
SUBORDINATE MORTGAGE, DEED OF TRUST, OR OTHER UNRECORDED OR UNFILED
SUBORDINATE INTEREST, THE SUBORDINATE INTEREST WAS CREATED AFTER THE
LATER OF:

1.        30 DAYS BEFORE THE DAY ON WHICH THE FORECLOSURE
SALE WAS ACTUALLY HELD; AND

2.        THE DATE THE ACTION TO FORECLOSE THE MORTGAGE
OR DEED OF TRUST WAS FILED.

(5) THE RIGHT OF A HOLDER OF A SUBORDINATE MORTGAGE, DEED OF
TRUST, OR OTHER SUBORDINATE INTEREST TO FILE AN ACTION FOR THE FAILURE
OF THE PERSON AUTHORIZED TO MAKE A SALE IN AN ACTION TO FORECLOSE A
MORTGAGE OR DEED OF TRUST TO COMPLY WITH THE PROVISIONS OF THIS
SUBSECTION SHALL EXPIRE 3 YEARS AFTER THE DATE OF THE ORDER RATIFYING
THE FORECLOSURE SALE.

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

Approved May 25, 1995.

CHAPTER 581
(House Bill 1041)

AN ACT concerning

Public Service Commission - Taxicab Permits

FOR the purpose of increasing the population level threshold of an incorporated city or
town in which a taxicab business must obtain a written permit from the Public
Service Commission in order to operate eliminating a certain requirement that a

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