Maryland Code, Local Government § 19-611
Current as of December 31, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a)(1) Except as provided in paragraph (2) of this subsection, an agreement entered under § 19-602(b) of this subtitle may include the provisions that the counties adopt in the authorizing resolution.
(2) An agreement may not expire before the redemption or maturity of the notes issued under the agreement.
(b) By agreement, two or more counties may establish a trust or similar arrangement authorized to sell notes on the same terms and in the same manner as counties may sell notes under this part and loan the proceeds of the notes to the counties.
Cite this article: FindLaw.com - Maryland Code, Local Government § 19-611 - last updated December 31, 2021 | https://codes.findlaw.com/md/local-government/md-code-local-govt-sect-19-611/
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?