State Codes and Statutes

Statutes > Maryland > Housing-and-community-development > Title-4 > Subtitle-16 > 4-1609

§ 4-1609. New bonds.
 

(a)  Authorization.- A covered county may issue new bonds to pay outstanding bonds in accordance with procedures of this subtitle and Article 31, § 24 of the Code. 

(b)  Security.- New bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded. 
 

[An. Code 1957, art. 83B, § 2-408; 2005, ch. 26, § 2.]   

State Codes and Statutes

Statutes > Maryland > Housing-and-community-development > Title-4 > Subtitle-16 > 4-1609

§ 4-1609. New bonds.
 

(a)  Authorization.- A covered county may issue new bonds to pay outstanding bonds in accordance with procedures of this subtitle and Article 31, § 24 of the Code. 

(b)  Security.- New bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded. 
 

[An. Code 1957, art. 83B, § 2-408; 2005, ch. 26, § 2.]   


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Housing-and-community-development > Title-4 > Subtitle-16 > 4-1609

§ 4-1609. New bonds.
 

(a)  Authorization.- A covered county may issue new bonds to pay outstanding bonds in accordance with procedures of this subtitle and Article 31, § 24 of the Code. 

(b)  Security.- New bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded. 
 

[An. Code 1957, art. 83B, § 2-408; 2005, ch. 26, § 2.]