Md. Code, Economic Development § 12-112

Md. Code, Economic Development § 12-112
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) (1) Bonds shall be sold in the manner, at competitive or negotiated sale, and on the terms at, above, or below par, that the public body considers best. (2) A contract to acquire or improve a facility may provide that payment shall be made in bonds. (b) A bond is not subject to the limitations of §§ 19–205 and 19–206 of the Local Government Article.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec&section=12-112&enactments=falseFetched: 10/16/2026

Starting a business in Maryland? Maryland LLC guide: costs and requirements