§ 21–419
Statutes in effect as of October 1, 2026.
Md. Code Ann., Local Gov't § 21-419 (2026)
Title 21. Special Taxing Districts
Subtitle 4. Municipal Special Taxing Districts
§ 21–419LinkCopy Citation
Bonds issued under this part are securities:
(1)
that may be deposited with and received by a unit of the State or a political subdivision for any purpose for which the deposit of bonds or obligations of the State is authorized by law; and
(2)
in which any of the following persons or entities may invest money:
(i)
an officer or a unit of the State or a political subdivision of the State;
(ii)
a bank, a trust company, a savings and loan association, or an investment company;
(iii)
an insurance company; and
(iv)
a personal representative, trustee, or other fiduciary.