Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 4-317: All public officers and public agencies of this State and its political subdivisions, all banks, trust companies, savings and loan associations, investment companies, and others carrying on a banking business, all insurance companies, insurance associations, and others carrying on an insurance busin
What this law says, in plain English
This statute authorizes public officers, financial institutions, insurance companies, fiduciaries, and other persons to invest funds in revenue bonds and notes issued under this subtitle, and permits deposit of these securities with state or municipal officers.
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