Home Table of Contents

§ 4-308. Issuance of revenue refunding bonds

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 4. Revenue Facilities (Refs & Annos)
Subtitle 3. Financing of Projects (Refs & Annos)
MD Code, Transportation, § 4-308
§ 4-308. Issuance of revenue refunding bonds
Currentness
Purpose of revenue refunding bonds
(a) The Authority from time to time may issue its revenue refunding bonds for:
(1) Refunding any bonds issued under this subtitle or any revenue bonds of prior issues, including the payment of any redemption premium on the bonds and any interest accrued or to accrue to the date of redemption of the bonds;
(2) Constructing improvements or extensions to or enlargements of any transportation facilities project; and
(3) Paying all or any part of the cost of any additional transportation facilities project.
Rights of holders and rights, duties, and obligations of Authority
(b) The issuance of revenue refunding bonds, the details of their issuance, the rights of their holders, and the rights, duties, and obligations of the Authority with respect to them are governed by the provisions of this subtitle relating to revenue bonds, insofar as those provisions may be applicable.

Credits

Added by Acts 1977, c. 13, § 2, eff. July 1, 1977.
Formerly Art. 94A, § 15.
MD Code, Transportation, § 4-308, MD TRANS § 4-308
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.
End of Document