Md. Code, Local Government § 19-603
This is the official text of Md. Code, Local Government § 19-603, part of Maryland’s Code, Local Government — governs the powers and operations of Maryland counties and municipalities.
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§19–603.
Official statutory text
A county may expend the net proceeds of the sale of an issue of notes only to:
(1) pay the costs of public school construction or capital improvements approved at any time by the Board of Public Works in anticipation of State money for any of the construction or improvements; or
(2) refund one or more issues of notes.
(1) pay the costs of public school construction or capital improvements approved at any time by the Board of Public Works in anticipation of State money for any of the construction or improvements; or
(2) refund one or more issues of notes.
Status: in_force · Read it on the official government site
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