1. (a) The authorizing resolution may provide that the bonds shall contain a recital that they are issued under this subtitle.
2. (b) The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.

3. (c) The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:

   1. (1) Be in 1 or more series;
   2. (2) Bear a certain date or dates;
   3. (3) Be executed in a certain manner;
   4. (4) Contain certain terms, covenants, and conditions;
   5. (5) Be in coupon or registered form, or both;
   6. (6) May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;
   7. (7) Be payable in a certain medium of payment;
   8. (8) Be payable at a certain place or places;
   9. (9) Carry certain registration privileges; and
   10. (10) Be subject to certain terms of redemption.

Added by Acts 1982, c. 240, § 2.

Formerly Art. 43, §§ 431, 433.