Ch. 464                                    2003 LAWS OF MARYLAND

altering notice requirements to redeem a reversion; providing for a delayed.
effective date; and generally relating to the redemption of reversions reserved in
certain leases.

BY repealing and reenacting, with amendments,
Article - Corporations and Associations
Section 1-203(8) and 1-203.3
Annotated Code of Maryland
(1999 Replacement Volume and 2002 Supplement)

BY repealing and reenacting, with amendments,
Article - Real Property
Section 3-102(a) and 8-110
Annotated Code of Maryland
(1996 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 - Corporations and Associations

1-203.

In addition to any organization and capitalization fee required under § 1-204 of
this article, the Department shall collect the following fees:

(8) For processing each of the following documents on an expedited basis,
the additional fee is as indicated:

Recording any document, including financing statements ......................................$50

Certificate of status of a corporation, partnership, limited partnership, limited
liability partnership, or limited liability company, or a name reservation ...............$9

A copy of any document recorded or filed with the Department, or a corporate
abstract ........................................................................................................................$20

ISSUANCE OF APPLICATION FOR A GROUND RENT REDEMPTION CERTIFICATE OR
PAYMENT OF A REDEMPTION AMOUNT TO THE FORMER OWNER OF THE GROUND
RENT ...................................................................................'.............................................................$50

1-203.3.

(a)     There is a continuing, nonlapsing fund that is not subject to § 7-302 of the
State Finance and Procurement Article.

(b)     Subject to the appropriation process in the State budget, the Department
shall use the fund [for]:

(1) FOR the costs of reviewing, processing, and auditing documents filed
or requested under this article or other articles of the Code; AND

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