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    • Legislation USA
    • 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 4-253 - Interest Rate Exchange Agreements

    Maryland Statutes
    Part V - Development Expenditures; Administration Bonds and Notes
    Section 4-253 - Interest Rate Exchange Agreements

    To improve the management of debt issued under the provisions of this part or to reduce the cost of servicing the debt, the Administration may enter into interest rate exchange agreements or contracts providing for payments based on levels of or changes in interest rates.

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    Structure Maryland Statutes

    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

    Section 4-252 - Tax-Exempt Status

    Section 4-253 - Interest Rate Exchange Agreements

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