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2013 Maryland Code
STATE FINANCE AND PROCUREMENT
§ 8-219 - Proceeds of sale of bond anticipation notes


MD State Fin & Pro Code § 8-219 (2013) What's This?

§8-219.

The proceeds of sale of bond anticipation notes shall be spent:

(1) 1st, for payment of the expenses of issuance of the notes; and

(2) then, subject to § 8-218(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.

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