§ 3-514. Participation of counties

Latest version.

   (a) Counties may participate. -- Subject to § 3-515 of this subtitle, the Department may allow any county in this State to participate in an issue of bonds under this subtitle.

(b) Notice by county. -- On the date designated by the Department, a county that desires to participate shall notify the Department of:

   (1) Its desire to participate in the proceeds of the next series of bonds to be issued under this subtitle;

   (2) The proposed amount of its participation; and

   (3) A description of the revenues to be pledged by the county to pay debt service on the bonds.

(c) Extension of notification date. -- The Department may extend the date for notification when appropriate.

HISTORY: 1993, ch. 539.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');