§ 9-1706. Purchase of bonds; premium; cancellation or termination
West's Annotated Code of MarylandState Government
MD Code, State Government, § 9-1706
§ 9-1706. Purchase of bonds; premium; cancellation or termination
(a) Bonds purchased in accordance with §§ 9-1704 and 9-1705 of this subtitle shall be purchased by the State Treasurer on prior approval of the Board of Public Works from a company authorized to issue the bonds and authorized to do business in the State.
(b) The premium on bonds purchased in accordance with §§ 9-1704 and 9-1705 of this subtitle shall be provided for in the State budget.
Credits
Added by Acts 1997, c. 31, § 1, eff. Oct. 1, 1997.
Formerly Art. 78A, § 49.
MD Code, State Government, § 9-1706, MD STATE GOVT § 9-1706
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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