Maryland Statutes
Title 19 - Public Debt
Subtitle 6 - Creation of Public Debt -- Public Schools

Part I - Public Schools -- in General

Section 19-601 - Definitions - (a) In this part the following words have the meanings...

Section 19-602 - County Borrowing Authority - (a) (1) A county may borrow money and incur indebtedness...

Section 19-603 - Authorized Use of Proceeds - A county may expend the net proceeds of the sale...

Section 19-604 - Payment - (a) The principal of the notes may be paid from:...

Section 19-605 - Authorizing Resolution - (a) The notes shall be authorized by a resolution. (b)...

Section 19-606 - Security - (a) If the authorizing resolution provides, notes may be secured...

Section 19-607 - Exemption From Specific Provisions - A note is not subject to §§ 19–205 and 19–206...

Section 19-608 - Valid and Binding Obligations - A note is a valid and binding obligation of the...

Section 19-609 - Tax Exemption - The notes, the transfer of the notes, the interest payable...

Section 19-610 - Exemptions and Terms - (a) The authorizing resolution, and notes and agreements authorized under...

Section 19-611 - Agreements Between Counties - (a) (1) Except as provided in paragraph (2) of this...

Section 19-612 - Nature of Borrowing Authority - The authority to borrow money and issue notes granted to...

Part II - Charles County New School Capacity Construction Bonds

Section 19-615 - "New School Capacity Construction Bonds" Defined - New school capacity construction bonds” means 10–year bonds issued under...

Section 19-616 - Issuance of Bonds - (a) (1) The County Commissioners of Charles County may issue...