HARRY HUGHES, Governor

1837

(E)  PRINTING OF BALLOTS.

THE APPROPRIATE BOARD OF ELECTION SUPERVISORS SHALL PRINT
THE WORDS "FOR THE BOND ISSUE" AND "AGAINST THE BOND ISSUE" ON
EACH BALLOT AT A REFERENDUM UNDER THIS SECTION.

(F)  VOTE AT REFERENDUM.

(1)  IF A MAJORITY OF THE QUALIFIED VOTERS WHO VOTE ON
THE QUESTION VOTE "FOR THE BOND ISSUE", THE AUTHORITY MAY ISSUE
THE BONDS.

(2)  IF A MAJORITY OF THE QUALIFIED VOTERS WHO VOTE ON
THE QUESTION VOTE "AGAINST THE BOND ISSUE", THE AUTHORITY MAY NOT
ISSUE THE BONDS.

(G)  RESUBMISSION OF QUESTION AT ANOTHER REFERENDUM.

A REFERENDUM UNDER THIS SECTION DOES NOT PREVENT AN
AUTHORITY FROM SUBMITTING THE SAME OR A SIMILAR QUESTION AT
ANOTHER REFERENDUM THAT IS HELD AT A LATER TIME.

REVISOR'S NOTE: This section is new language derived
without substantive change from former HE § 9-908(b).

In subsection (b)(2) of this section, "governing body"
is substituted for the former reference to "county
commissioners of the county and/or the mayor and city
council by whatever name known", for clarity. See the
definition of "governing body" in § 9-901 of this
subtitle.

9-935. TEMPORARY AND LOST BONDS.

(A)  INTERIM RECEIPTS OR TEMPORARY BONDS -- ISSUANCE.

(1)  BEFORE THE PREPARATION OF DEFINITIVE BONDS, AN
AUTHORITY MAY ISSUE INTERIM RECEIPTS OR TEMPORARY BONDS WITH OR
WITHOUT COUPONS.

(2)  ISSUANCE OF INTERIM RECEIPTS OR TEMPORARY BONDS
IS SUBJECT TO THE RESTRICTIONS THAT GOVERN THE ISSUANCE OF
DEFINITIVE BONDS.

(B)  SAME -- EXCHANGEABILITY.

INTERIM RECEIPTS OR TEMPORARY BONDS ARE EXCHANGEABLE FOR
DEFINITIVE BONDS WHEN THE DEFINITIVE BONDS ARE EXECUTED AND
AVAILABLE FOR DELIVERY.

(C)  REPLACEMENT FOR LOST, DESTROYED, OR MUTILATED BONDS.

AN AUTHORITY MAY PROVIDE FOR THE REPLACEMENT OF ANY BOND
THAT IS LOST, DESTROYED, OR MUTILATED.