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Session Laws, 1997
Volume 795, Page 2677   View pdf image
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PARRIS N. GLENDENING, Governor Ch. 424

Section 15-207(f)(3)

Annotated Code of Maryland

(1996 Replacement Volume)

(As enacted by Section 2 of this Act)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 2B - Alcoholic Beverages

15-207.

(f) (2) After the repayment of the money specified under paragraph (1) of this
subsection, the Board may maintain a reserve fund [not to exceed $48,000 for the
following purposes:

(j) To provide adequate working capital; and

(ii) To meet any losses sustained by the Board in the operation of the

dispensaries].

(3) [Of the $48,000] FROM THE reserve fund, each County dispensary shall
receive an amount as follows:

(i) The dispensary in Crisfield, up to [$15,000] $22,000;

(ii) The dispensary in the West Princess Anne election district, up to
[$15,000] $22,000; and

(iii) The Hi-Way Dispensary, up to [$18,000] $27,000.

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

Article 2B - Alcoholic Beverages

15-207.

(f) (3) From the reserve fund, each County dispensary shall receive an amount
as follows:

(i) The dispensary in Crisfield, up to [$22,000] $29,000;

(ii) The dispensary in the West Princess Anne election district, up to
[$22,000] $29,000; and

(iii) The Hi-Way Dispensary, up to [$27,000] $36,000.

SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

- 2677 -

 

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Session Laws, 1997
Volume 795, Page 2677   View pdf image
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