§ 10–332
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-332 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 3. Maryland Health and Higher Educational Facilities Authority
§ 10–332LinkCopy Citation
(a)
The Authority may apply the proceeds of refunding bonds to the purchase, retirement at maturity, or redemption of outstanding bonds on the earliest or a subsequent redemption date for those bonds.
(b)
The Authority may place proceeds of refunding bonds in escrow before applying the proceeds to refund bonds.