§ 8–207
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Fin. & Proc. § 8-207 (2026)
Title 8. Debt
Subtitle 2. Debts of State Units
§ 8–207LinkCopy Citation
(a)
This section does not apply to bonds issued under an enabling act that specifically states that this section does not apply.
(b)
Whenever a State unit simultaneously issues bonds authorized under 2 or more enabling acts, the State unit may allow submission of a bid that:
(1)
is for bonds authorized under 1 enabling act; and
(2)
is conditioned on the acceptance of 1 or more companion bids for bonds authorized under 1 or more of the other enabling acts.
(c)
Whenever, as a whole, a set of bids under subsection (b) of this section yields to the State unit more than individual bids, the State unit shall accept the set even if 1 or more of the bids in the set yields less than the individual bids.