§ 19-218

Md. Code Ann., Local Gov't § 19-218

Proceeds of sale of bond anticipation notes

Effective Oct 1, 2013Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013.State of Maryland

(1) first, for payment of the expenses of issuance of the notes; and
(2) then, subject to § 19-217(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.

The proceeds of sale of bond anticipation notes shall be spent:

Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013.