§ 4–1609
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-1609 (2026)
Title 4. Division of Development Finance
Subtitle 16. Residential Mortgage Programs for Certain Counties
§ 4–1609LinkCopy Citation
(a)
A covered county may issue new bonds to pay outstanding bonds in accordance with procedures of this subtitle and § 19–207 of the Local Government Article.
(b)
New bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded.