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§ 12-112. Manner and price of sale of bonds; applicability of Article 31

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2013

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 12. Local Development Authorities and Resources (Refs & Annos)
Subtitle 1. Economic Development Revenue Bond Act (Refs & Annos)
Effective: October 1, 2013
MD Code, Economic Development, § 12-112
§ 12-112. Manner and price of sale of bonds; applicability of Article 31
Currentness
Bond sales
(a)(1) Bonds shall be sold in the manner, at competitive or negotiated sale, and on the terms at, above, or below par, that the public body considers best.
(2) A contract to acquire or improve a facility may provide that payment shall be made in bonds.
Applicability
(b) A bond is not subject to the limitations of §§ 19-205 and 19-206 of the Local Government Article.

Credits

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2013, c. 136, § 1, eff. Oct. 1, 2013.
MD Code, Economic Development, § 12-112, MD ECON DEV § 12-112
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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