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§ 9-690. Temporary bonds and receipts

West's Annotated Code of MarylandEnvironment

West's Annotated Code of Maryland
Environment
Title 9. Water, Ice, & Sanitary Facilities (Refs & Annos)
Subtitle 6. Sanitary Commissions
Part VIII. Bonds
MD Code, Environment, § 9-690
§ 9-690. Temporary bonds and receipts
Currentness
Power of sanitary commission
(a) Before the definitive bonds are available for delivery to bond holders, the district may issue:
(1) Interim receipts for payment for the bonds; or
(2) Temporary bonds with or without coupons.
Exchange for definitive bonds
(b) The interim receipts or temporary bonds may be exchanged for definitive bonds when the definitive bonds are available.

Credits

Added by Acts 1982, c. 240, § 2.
Formerly Art. 43, § 654.
MD Code, Environment, § 9-690, MD ENVIR § 9-690
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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