Maryland Statutes
§ 4-250
Maryland § 4-250
This text of Maryland § 4-250 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., Housing and Community Development § 4-250 (2026).
Text
(a)A bond or note issued by the Administration under this part is a legal and proper investment for:
(1)a public officer, a political subdivision, or a governmental unit;
(2)a bank, trust company, savings and loan association, investment company, or other person doing a banking business;
(3)an insurance company, insurance association, or other person doing an insurance business;
(4)a personal representative, guardian, trustee, or other fiduciary; or
(5)any other person.
(b)For any purpose for which the deposit of a bond or other obligation of the State is authorized by law, a bond issued by the Administration under this part is a security that may legally and properly be deposited with and received by a public of
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 4-250, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/ghs/4-250.