Md. Code, Environment § 9-806
This is the official text of Md. Code, Environment § 9-806, part of Maryland’s Code, Environment — governs environmental protection.
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§9–806.
Official statutory text
(a) The authorizing resolution may provide that the bonds shall contain a recital that they are issued under this subtitle.
(b) The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.
(c) The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:
(1) Be in 1 or more series;
(2) Bear a certain date or dates;
(3) Be executed in a certain manner;
(4) Contain certain terms, covenants, and conditions;
(5) Be in coupon or registered form, or both;
(6) May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;
(7) Be payable in a certain medium of payment;
(8) Be payable at a certain place or places;
(9) Carry certain registration privileges; and
(10) Be subject to certain terms of redemption.
(b) The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.
(c) The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:
(1) Be in 1 or more series;
(2) Bear a certain date or dates;
(3) Be executed in a certain manner;
(4) Contain certain terms, covenants, and conditions;
(5) Be in coupon or registered form, or both;
(6) May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;
(7) Be payable in a certain medium of payment;
(8) Be payable at a certain place or places;
(9) Carry certain registration privileges; and
(10) Be subject to certain terms of redemption.
Status: in_force · Read it on the official government site
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