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§ 18-3103. Issuance of bonds and applicability of laws

West's Annotated Code of MarylandEducationEffective: July 1, 2016

West's Annotated Code of Maryland
Education (Refs & Annos)
Division III. Higher Education [Titles 10-20] (Refs & Annos)
Title 18. Student Financial Assistance (Refs & Annos)
Subtitle 31. Montgomery County Student Loan Refinancing Authority (Refs & Annos)
Effective: July 1, 2016
MD Code, Education, § 18-3103
§ 18-3103. Issuance of bonds and applicability of laws
Currentness
Requirements
(a) If Montgomery County establishes the Montgomery County Student Loan Refinancing Authority, the Authority shall meet the requirements of this section.
Applicability of laws
(b) The Montgomery County Student Loan Refinancing Authority shall be subject to:
(1) The Montgomery County public ethics law; and
(2) The Open Meetings Act under Title 3 of the General Provisions Article.
Issuance of bonds
(c) If the Montgomery County Student Loan Refinancing Authority is granted the power to issue bonds for the purpose of making loans to finance postsecondary education, any bonds issued by the Authority shall be obligations of the Authority only and not of Montgomery County or the State.
Applicability of Montgomery County Charter to the Authority
(d) The provisions of the Montgomery County Charter do not apply to the Authority unless the governing body of Montgomery County expressly provides by law that a charter provision applies to the Authority.

Credits

Added by Acts 2016, c. 296, § 1, eff. July 1, 2016.
MD Code, Education, § 18-3103, MD EDUC § 18-3103
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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