§ 21-416. Investment of special fund and sinking funds

Latest version.

(a) In general. -- The special fund and any sinking fund established by a municipality under this part are subject to § 19-102 of this article.

(b) Bond proceeds pending expenditure. -- The proceeds of bonds issued under this part are subject to § 17-101 and 17-102 of this article.

HISTORY: An. Code 1957, art. 23A, § 44A(g)(4); 2013, ch. 119, § 2.

                    
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