(a) The Commission 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 Commission.
Structure Maryland Statutes
Division IV - Other Education Provisions
Title 24 - Miscellaneous Education Agencies
Subtitle 5 - Historic St. Mary's City Commission
Section 24-516 - Bonds and Obligations
Section 24-517 - Bonds Payable Solely From Revenues and Properties
Section 24-518 - Bond Issue; When Payable
Section 24-519 - Resolution or Trust Agreements
Section 24-520 - Pledge of Revenues as Security
Section 24-521 - Liability; Protection and Enforcement of Rights
Section 24-522 - Refunding Bonds