§ 9-690. Temporary bonds and receipts

MD Env Code § 9-690 (2019) (N/A)
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(a)    Before the definitive bonds are available for delivery to bond holders, the district may issue:

(1)    Interim receipts for payment for the bonds; or

(2)    Temporary bonds with or without coupons.

(b)    The interim receipts or temporary bonds may be exchanged for definitive bonds when the definitive bonds are available.