§ 19-109. Bonds as investments or security
West's Annotated Code of MarylandEducation
MD Code, Education, § 19-109
§ 19-109. Bonds as investments or security
(a) Bonds issued under the provisions of this title are securities in which all of the following may legally and properly invest funds, including capital in their control or belonging to them:
(b) The bonds are securities which may properly and legally be deposited with and received by any State or municipal office or any agency or political subdivision of the State for any purpose for which the deposit of bonds or other obligations of the State is now or hereafter authorized by law.
Credits
Added by Acts 1988, c. 246, § 2, eff. July 1, 1988. Amended by Acts 1989, c. 93, § 1, eff. July 1, 1989.
MD Code, Education, § 19-109, MD EDUC § 19-109
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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