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§ 24-523. Enhancement of bond marketability

West's Annotated Code of MarylandEducation

West's Annotated Code of Maryland
Education (Refs & Annos)
Division IV. Other Education Provisions [Titles 21-End] (Refs & Annos)
Title 24. Miscellaneous Education Agencies (Refs & Annos)
Subtitle 5. Historic ST. Mary's City Commission (Refs & Annos)
Part IV. Revenue Bonds
MD Code, Education, § 24-523
§ 24-523. Enhancement of bond marketability
Currentness
Agreements with agents, banks, or insurers
(a) The Commission may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.
Investment of bond money
(b) Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any money belonging to them or within their control in any bonds issued by the Commission.

Credits

Added by Acts 1997, c. 583, § 1, eff. July 1, 1997.
MD Code, Education, § 24-523, MD EDUC § 24-523
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.
End of Document