ROBERT L. EHRLICH, JR., Governor

Ch. 365

(e)     If the terms of the agreement governing the plan, as originally drawn or as
amended provide, any amendment may, on and after the date on which it becomes
effective as to a particular borrower, apply to all then outstanding unpaid
indebtedness in the borrower's account under the plan, including any indebtedness
which shall have arisen out of purchases made or loans obtained prior to the effective
date of the amendment.

(f)      For purposes of this section, a decrease in the required amount of
scheduled payments shall not be deemed an amendment which has the effect of
increasing the interest or finance charges to be paid by the borrower.

(g)     The procedures for amendment by a credit grantor of the terms of a plan to
which a nonconsumer borrower is a party may, notwithstanding the provisions of this
section, be as the agreement governing the plan may otherwise provide.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall apply to
amendments made on or after the effective date of this Act to agreements governing
revolving credit plans in existence on or established after the effective date of this Act.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2003.

Approved May 22, 2003.

CHAPTER 365
(Senate Bill 204)

AN ACT concerning

Baltimore County - Alcoholic Beverages - Towson Revitalization District

FOR the purpose of authorizing the Baltimore County Board of License
Commissioners to transfer and issue for certain purposes a certain number of
certain alcoholic beverages licenses for restaurants in the Towson Revitalization
District under certain circumstances; specifying the class classes of the license;
specifying issuance qualifications, fee, days and hours of sales, and certain other
licensing qualifications, requirements, and restrictions; defining a certain term
providing for the termination of this Act; and generally relating to alcoholic
beverages licenses in the Towson Revitalization District.

BY adding to

Article 2B - Alcoholic Beverages

Section 8-204.3

Annotated Code of Maryland

(2001 Replacement Volume and 2002 Supplement)

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

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