Md. Code, Local Government § 19-218

Md. Code, Local Government § 19-218
in effect
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The proceeds of sale of bond anticipation notes shall be spent: (1) first, for payment of the expenses of issuance of the notes; and (2) then, subject to § 19–217(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg&section=19-218&enactments=falseFetched: 10/17/2026

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