Maryland Statutes
Subtitle 2 - Revenue Bonds
Section 22-206 - Security

As determined by the Commission, bonds issued under this subtitle may be secured by or made payable from:
        (1)    letters of credit;
        (2)    lines of credit;
        (3)    bond purchase agreements;
        (4)    bond insurance policies;
        (5)    guaranty agreements; and
        (6)    similar credit arrangements.

Structure Maryland Statutes