Maryland Statutes

§ 13-1018

Maryland § 13-1018
JurisdictionMaryland
Article gfiFinancial Institutions
Title13

This text of Maryland § 13-1018 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Financial Institutions § 13-1018 (2026).

Text

(a)Subject to this part, the Authority may at any time and from time to time issue bonds for any corporate purpose, including the establishment of reserves and the payment of interest.
(b)The Authority:
(1)Shall by resolution authorize any bonds that it issues; and
(2)May secure the bonds by a trust agreement between the Authority and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State.
(c)The Authority shall notify the Board of Public Works of its intention to issue bonds up to a stated amount.

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Nearby Sections

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Bluebook (online)
Maryland § 13-1018, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/13-1018.