ROBERT L. EHRLICH, JR., Governor                             Ch. 138

CHAPTER 138
(House Bill 313)

AN ACT concerning

Child Support Enforcement - Financial Institution - Definition

FOR the purpose of altering the definition of financial institution in a provision
requiring a financial institution to provide certain information and assistance to
the Child Support Enforcement Administration; providing for the construction of
a certain reference for certain purposes; establishing that an
institution-affiliated party is not required to provide certain information or
assistance to the Administration under certain circumstances; providing certain
immunity from civil liability or criminal penalty for an institution-affiliated
party; defining a certain term; making this Act an emergency measure; and
generally relating to child support enforcement.

BY repealing and reenacting, with amendments,
Article - Family Law
Section 10-108.2, 10-108.3, and 10-108.4
Annotated Code of Maryland
(1999 Replacement Volume and 2002 Supplement)

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

Article - Family Law

10-108.2.

(a) (1) [In] EXCEPT AS OTHERWISE PROVIDED IN THIS SUBTITLE, IN this
section and in [§ 10-108.3] §§ 10-108.3 AND 10-108.4 of this [subtitle] SUBTITLE, the
following words have the meanings indicated.

(2) (i) "Account" means:

1.       any funds from a demand deposit account, checking
account, negotiable order of withdrawal account, savings account, time deposit
account, money market mutual fund account, or certificate of deposit account;

2.       any funds paid towards the purchase of shares or other
interest in a financial institution, as defined in paragraph (4)(ii) and (iii) of this
subsection; and

3.       any funds or property held by a financial institution, as
defined in paragraph (4)(iv) of this subsection.

(ii) "Account" does not include:

- 1349 -