Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 4-302: (a) Except as provided in § 4-306(b) of this subtitle, without limiting the power of the Authority to issue additional revenue bonds under the provisions of law that authorize the issuance of revenue bonds of prior issues, the Authority from time to time may issue its revenue bonds to finance the co
What this law says, in plain English
This statute authorizes a transportation authority to issue revenue bonds to finance transportation facility projects, with flexibility in setting issue dates, maturity terms, interest rates, and redemption conditions.
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