(a) By written determination, the Administration may provide for the issuance of notes to renew its notes, and bonds to pay its notes or to fund or refund its bonds, whether or not the bonds to be refunded have matured, including the payment of any redemption premium and any interest accrued or to accrue on the notes or bonds to be renewed, paid, or refunded.
(b) The issuance and incidents of renewal notes and refunding bonds are governed by applicable provisions of this part.
Structure Maryland Statutes
Housing and Community Development
Division I - Housing and Community Programs
Title 4 - Division of Development Finance
Subtitle 2 - Community Development Administration
Part V - Development Expenditures; Administration Bonds and Notes
Section 4-244 - Powers of Administration
Section 4-245 - Authority to Borrow Money and Issue Bonds or Notes
Section 4-246 - Renewal and Refunding
Section 4-247 - Trust Agreement
Section 4-248 - Repayment; Lien
Section 4-249 - Repurchase; Redemption
Section 4-250 - Bond or Note of Administration -- Legal Status
Section 4-251 - Bonds and Notes Not State Debts