Maryland Statutes
Subtitle 9 - Northeast Maryland Waste Disposal Authority
Section 3-914 - Bonds Made Legal Investments

Bonds are hereby made securities in which all public officers and public bodies of the State of Maryland and its political subdivisions and all banks, trust companies, savings and loan associations, investment companies and others carrying on a banking business, all insurance companies and insurance associations and others carrying on an insurance business, all personal representatives, executors, administrators, guardians, trustees and other fiduciaries, and all other persons may legally and properly invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by a State or municipal officer or any agency or political subdivision of the State for any purpose for which the deposit of bonds or other obligations of the State is now or may hereafter be authorized by law.

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