Plain Text Law

Sec. 20-53. Rights of bondholders and fiduciaries.

Montgomery County, Md., Code § 20-53 (2026)

Sec. 20-53. Rights of bondholders and fiduciaries.Copy Citation

Unless a holder of revenue bonds is restricted by an agreement with the county, any holder of revenue bonds and any fiduciary in connection with them may:
(1)
Protect and enforce any and all rights granted:
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a. Under the laws of the state; or
b. In a resolution authorizing revenue bonds; or
c. In any agreement by the county relating to revenue bonds; and
(2)
Compel the performance of all duties required by:
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a. This article; or
b. A resolution authorizing revenue bonds; or
c. Any agreement by the county relating to revenue bonds, in accordance with law.