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Md. Code, State Fin. & Proc. § 8-219

Md. Code, State Fin. & Proc. § 8-219

Maryland · Maryland Code, State Finance and Procurement · Status: effective

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Md. Code, State Fin. & Proc. § 8-219, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1787362
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The proceeds of sale of bond anticipation notes shall be spent: (1) 1st, for payment of the expenses of issuance of the notes; and (2) then, subject to § 8-218(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.