§ 22-206. Security.

MD Pub Util Code § 22-206 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

As determined by the Commission, bonds issued under this subtitle may be secured by or made payable from:

(1)    letters of credit;

(2)    lines of credit;

(3)    bond purchase agreements;

(4)    bond insurance policies;

(5)    guaranty agreements; and

(6)    similar credit arrangements.