Md. Code Ann., Pub. Util. § 22-206 – Security for bonds | Midpage

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Maryland Code

Public Utilities

§ 22-206

Md. Code Ann., Pub. Util. § 22-206

Security for bonds

Effective Oct 1, 2010Added by Acts 2010, c. 37, § 3, eff. Oct. 1, 2010.State of Maryland

(1) letters of credit;
(2) lines of credit;
(3) bond purchase agreements;
(4) bond insurance policies;
(5) guaranty agreements; and
(6) similar credit arrangements.

As determined by the Commission, bonds issued under this subtitle may be secured by or made payable from:

Added by Acts 2010, c. 37, § 3, eff. Oct. 1, 2010.