Maryland Statutes
Subtitle 9 - Northeast Maryland Waste Disposal Authority
Section 3-908 - Execution of Bonds; Negotiable Instruments; Registration; Replacement

(a)    In case any officer whose signature or a facsimile of whose signature appears on any bonds or coupons shall cease to be such officer before the delivery of such bonds, such signature or such facsimile shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery.
    (b)    Notwithstanding any other provisions of this subtitle or any recitals in any bonds issued hereunder, all such bonds shall be deemed to be negotiable instruments under the laws of this State.
    (c)    The bonds may be issued in coupon or in registered form or both, and provision may be made for the registration of any coupon bonds as to principal alone and also as to both principal and interest, for the reconversion into coupon bonds of any bonds registered as to both principal and interest, and for the interchange of coupon and registered bonds. Provision may also be made for the replacement of bonds which become mutilated or are stolen, lost or destroyed.
    (d)    The bonds shall be exempt from the provisions of §§ 19–205 and 19–206 of the Local Government Article and §§ 8–206 and 8–208 of the State Finance and Procurement Article, and the Authority may sell such bonds in such manner, either at public or at private sale, and for such price as it may determine.

Structure Maryland Statutes

Maryland Statutes

Natural Resources

Title 3 - Environmental Programs

Subtitle 9 - Northeast Maryland Waste Disposal Authority

Section 3-901 - Citation of Subtitle

Section 3-902 - Purpose of Subtitle

Section 3-903 - Northeast Maryland Waste Disposal Authority

Section 3-904 - Definitions

Section 3-905 - Powers of Authority

Section 3-906 - Source of Payment of Expenses

Section 3-907 - Authority to Issue Bonds

Section 3-908 - Execution of Bonds; Negotiable Instruments; Registration; Replacement

Section 3-909 - Refunding Bonds

Section 3-910 - Temporary Bonds; Bond Anticipation Notes; Revenue Anticipation Notes; Revenue Bonds

Section 3-911 - Trust Agreement Securing Bonds

Section 3-912 - Rates, Rentals, Fees, and Charges

Section 3-913 - Remedies of Bondholders and Trustees

Section 3-914 - Bonds Made Legal Investments

Section 3-915 - Bonds Not Pledge of Full Faith and Credit and Taxing Power; Contracts Between Subdivision and Authority

Section 3-916 - Exemption From Taxation

Section 3-917 - Authority Not Required to Give Security for Costs; Liens; Assignments of Wages

Section 3-918 - Rules and Regulations; Payment by State or Agencies for Services

Section 3-919 - Zoning or Planning Authority of Subdivision Not Affected; Authority Not Deemed Public Service Company; Contracts Between Subdivision and Maryland Environmental Service

Section 3-920 - Notice of Intention to Undertake Project; Adverse Finding by Subdivision

Section 3-921 - Award of Contracts for Purchases

Section 3-922 - Judicial Review

Section 3-923 - Reports to Governor and Participating Counties; Financial Accounting; Annual Audit; State Audit

Section 3-924 - Termination of Existence of Authority

Section 3-925 - Severability

Section 3-926 - Deeds and Releases Upon Payment of Bonds

Section 3-927 - Subtitle Supplemental and Additional

Section 3-928 - Liberal Construction