Maryland Statutes

§ 3-208

Maryland § 3-208
JurisdictionMaryland
Article gtrTransportation
Title3

This text of Maryland § 3-208 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., Transportation § 3-208 (2026).

Text

(a)The Department from time to time may issue its refunding bonds for refunding any consolidated transportation bonds or bonds of prior issues.
(b)The powers granted and limitations imposed in this subtitle as to the issuance of consolidated transportation bonds also apply to the issuance of refunding bonds.
(c)The State Treasurer shall segregate and set apart the proceeds of the sale of any refunding bonds in a separate trust fund to be used only to pay the purchase or redemption prices of the bonds to be refunded.

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Bluebook (online)
Maryland § 3-208, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gtr/3-208.