Maryland Statutes

§ 9-601

Maryland·Article gen Environment·Title 9
(a)In this subtitle the following words have the meanings indicated.
(b)“Bond” means any bond, note, or other evidence of indebtedness or obligation that a district is authorized to issue under this subtitle.
(c)(1) “Cost”, as applied to any project, includes the cost of and all expenses incident to the construction, acquisition, improvement, or placement in operation of a project, including the cost and expenses of:
(i)The purchase price of a project;
(ii)The cost of acquiring all the capital stock of a corporation that owned a project;
(iii)Amounts paid to discharge obligations of the owner of a project, if paid to vest title to a project in the district;
(iv)Any interest in real or personal prop

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Nearby Sections

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