HARRY HUGHES, Governor

2381

(2) BY MANDAMUS OR OTHER APPROPRIATE SUIT,
ACTION, OR PROCEEDING IN ANY COURT OF COMPETENT
JURISDICTION, ANY BONDHOLDER MAY ENFORCE:

(I) THE DUTIES UNDER THIS SUBTITLE OF THE
MUNICIPALITY AND ITS GOVERNING BODY AND OFFICERS; AND

SUBTITLE.

(II) THE RESOLUTIONS ADOPTED UNDER THIS

REVISOR'S NOTE: This section is new language derived
without substantive change from former Article
43, § 430(f), and § 432.

In subsection (a) of this section, the phrase
"between the municipality and the bondholder" is
substituted for "with the holder or holders of
said bonds" for clarity.

In subsection (b)(2)(i) of this section, the
phrase "all or part of the revenue of all or part
of the existing or planned sewerage facility" is
substituted for "revenues of such sewerage
facilities (including the revenues' of the
existing facilities, if any, comprising sewerage
facilities which are being improved, bettered, or
extended, and the revenues to be derived from any
improvements, betterments and extensions
thereafter constructed or acquired), or of any
part of such facilities ... (such amount may
consist of all or any part or portion of such
revenue)" for clarity and conciseness.

In subsection (c)(1) of this section, the phrase

"may appoint" is substituted for "have

jurisdiction in such proceeding", for
conciseness.

Also in subsection (c)(1) of this section, the
references to a "petition" is new language added
for clarity.

9-808. SALE OF BONDS; INTERIM RECEIPTS OR CERTIFICATES;
NEGOTIABILITY; EXEMPTION FROM TAXATION.

(A) SALE OF BONDS.

(1) EXCEPT FOR BONDS ISSUED UNDER THIS SUBTITLE
AND SOLD TO THE UNITED STATES OR TO ANY AGENCY,
INSTRUMENTALITY, OR CORPORATION OF THE FEDERAL GOVERNMENT,
ANY BOND ISSUED UNDER THIS SUBTITLE SHALL BE SOLD:

(I) AT PUBLIC SALE;

(II) AFTER ADVERTISEMENT; AND