(a) The Authority may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.
(b) Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any money belonging to them or within their control in any bonds issued by the Authority.
Structure Maryland Statutes
Title 13 - State-Operated Financial Programs
Subtitle 10 - Canal Place Preservation and Development Authority
Section 13-1019 - Bonds Payable From Receipts of Authority
Section 13-1020 - Requirements of Bonds Issued
Section 13-1021 - Resolutions or Trust Agreements
Section 13-1022 - Pledge of Revenues as Security for Issue of Bonds
Section 13-1023 - Liability; Enforcement of Rights
Section 13-1024 - Refunding Bonds
Section 13-1025 - Agreements to Enhance Marketability or to Provide Security; Investments in Bonds