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2013 Maryland Code
ENVIRONMENT
§ 9-690 - Temporary bonds and receipts


MD Env Code § 9-690 (2013) What's This?

§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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