§ 10-822

Maryland § 10-822

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 10

Text

The Center may:

(1) borrow money and issue bonds to finance any part of the cost of a project or for any other corporate purpose of the Center;

(2) secure the payment of any portion of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Center;

(3) combine projects for financing, make agreements with or for the benefit of the bondholders or with others in connection with the issuance or future issuance of bonds, as the Center considers advisable; and

(4) otherwise provide for the security of bonds and the rights of bondholders.