There is a newer version of the Maryland Code
2013 Maryland Code
PUBLIC UTILITIES
§ 22-206 - Security.
MD Pub Util Code § 22-206 (2013) What's This?
§22-206.
As determined by the Commission, bonds issued under this subtitle may be secured by or made payable from:
(1) letters of credit;
(2) lines of credit;
(3) bond purchase agreements;
(4) bond insurance policies;
(5) guaranty agreements; and
(6) similar credit arrangements.
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