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Statutes > Maryland Statutes > TRANSPORTATION > TITLE 3 - FINANCING BY DEPARTMENT > Subtitle 5 - County Transportation Revenue Bonds

Subtitle 5 - County Transportation Revenue Bonds

  • Section 3-501 - Definitions.
  • Section 3-502 - Purpose of subtitle.
  • Section 3-503 - Bonds authorized.
  • Section 3-504 - Resolution authorizing issuance of bonds; postponement of time for receipt of proposals; execution of bonds.
  • Section 3-505 - Bonds are investment securities.
  • Section 3-506 - Exemption from §§ 8-206 and 8-208 of State Finance and Procurement Article.
  • Section 3-507 - Interim certificates and temporary bonds.
  • Section 3-508 - Bond anticipation notes.
  • Section 3-509 - Exemption from taxation.
  • Section 3-510 - Bonds authorized by trust agreements.
  • Section 3-511 - Consent of instrumentality, agency, or unit of State not required.
  • Section 3-512 - Provisions for payment of bonds.
  • Section 3-513 - Bonds not debt of State or Department; full faith and credit not pledged; obligation of participating counties.
  • Section 3-514 - Participation of counties.
  • Section 3-515 - Determination of amount; subsequent procedure.
  • Section 3-516 - Requirements for participation of counties.
  • Section 3-517 - Agreement between Department and county.
  • Section 3-518 - Borrowing of proceeds; agreements to participate in bond issue; payment obligations.
  • Section 3-519 - Revenue refunding bonds.




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