Unannotated Code of Maryland (Last Updated: May 16, 2014) |
EDUCATION |
DIVISION IV. OTHER EDUCATION PROVISIONS |
TITLE 24. MISCELLANEOUS EDUCATION AGENCIES |
SUBTITLE 5. HISTORIC ST. MARY'S CITY COMMISSION |
PART IV. REVENUE BONDS |
§ 24-523. Enhancing marketability of bonds
Latest version.
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(a) Agreements. -- The Commission may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.
(b) Investments. -- Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any bonds issued by the Commission.