Maryland Environment Section 9-690

Article - Environment

§ 9-690.

      (a)      Before the definitive bonds are available for delivery to bond holders, the district may issue:

            (1)      Interim receipts for payment for the bonds; or

            (2)      Temporary bonds with or without coupons.

      (b)      The interim receipts or temporary bonds may be exchanged for definitive bonds when the definitive bonds are available.



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