Md. Code, SF§ 8-219

Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049

Section 8-219 - Proceeds of sale of bond anticipation notes

The proceeds of sale of bond anticipation notes shall be spent:

(1) 1st, for payment of the expenses of issuance of the notes; and

(2) then, subject to § 8-218(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.

Md. Code, SF§ 8-219