Maryland Statutes
§ 9-806
(a)The authorizing resolution may provide that the bonds shall contain a recital that they are issued under this subtitle.
(b)The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.
(c)The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:
(1)Be in 1 or more series;
(2)Bear a certain date or dates;
(3)Be executed in a certain manner;
(4)Contain certain terms, covenants, and conditions;
(5)Be in coupon or registered form, or both;
(6)May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;
(7)Be payable in a
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 9-806 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.