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Maryland Code, Local Government § 19-603

Current as of January 01, 2025 | Updated by Findlaw Staff

A county may expend the net proceeds of the sale of an issue of notes only to:

(1) pay the costs of public school construction or capital improvements approved at any time by the Board of Public Works in anticipation of State money for any of the construction or improvements; or

(2) refund one or more issues of notes.

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Cite this article: FindLaw.com - Maryland Code, Local Government § 19-603 - last updated January 01, 2025 | https://codes.findlaw.com/md/local-government/md-code-local-govt-sect-19-603/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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