§ 19-218. Proceeds of sale of bond anticipation notes

MD Local Gov Code § 19-218 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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

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

(2)    then, subject to § 19–217(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.