Md. Code, Environment § 9-690
Md. Code, Environment § 9-690
in effect(a) Before the definitive bonds are available for delivery to bond holders, the district may issue:
(1) Interim receipts for payment for the bonds; or
(2) Temporary bonds with or without coupons.
(b) The interim receipts or temporary bonds may be exchanged for definitive bonds when the definitive bonds are available.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gen§ion=9-690&enactments=falseFetched: 10/17/2026
