All public officers and public agencies of this State and its political subdivisions, all banks, trust companies, savings and loan associations, investment companies, and others carrying on a banking business, all insurance companies, insurance associations, and others carrying on an insurance business, all personal representatives, guardians, trustees, and other fiduciaries, and all other persons may legally and properly invest funds, including capital in their control or belonging to them, in revenue bonds, notes, and other evidences of obligation issued under this subtitle. These bonds, notes, and other evidences of obligation may legally and properly be deposited with and received by any State or municipal officer or any agency or political subdivision of this State for any purpose for which the deposit of bonds or other obligations of this State is authorized by law.
Structure Maryland Statutes
Subtitle 3 - Financing of Projects
Section 4-301 - General Power to Borrow Money and Issue Evidences of Obligation
Section 4-302 - Power to Issue Revenue Bonds and Determine Related Matters
Section 4-303 - Execution of Bonds
Section 4-304 - Bonds and Other Evidences of Obligation Are Investment Securities
Section 4-305 - Exemption From 8-206 and 8-208 of State Finance and Procurement Article
Section 4-306 - Other Approval Not Required; Exceptions
Section 4-307 - Additional Bonds
Section 4-308 - Revenue Refunding Bonds
Section 4-309 - Interim Certificates and Temporary Bonds
Section 4-310 - Bond Anticipation Notes
Section 4-311 - Trust Agreement Securing Bonds
Section 4-311.1 - Vehicle Parking Facility Financing
Section 4-312 - Charges for Transportation Facilities Projects
Section 4-312.1 - Elimination of Ramp Tolls on Kennedy Highway in Harford and Cecil Counties
Section 4-313 - Transportation Authority Fund
Section 4-314 - Construction of Subtitle
Section 4-316 - Remedies of Bondholder and Trustee
Section 4-317 - Bonds and Other Evidences of Obligation Are Legal Investments
Section 4-318 - Exemption From Taxation
Section 4-319 - Full Faith and Credit Not Pledged