Volume 793, Page 4011 View pdf image |
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PARRIS N. GLENDENING, Governor S.B. 848 (viii) Be sold in the manner and upon the terms determined by the (b) Any resolution or trust agreement may contain provisions which shall be a (1) Pledging, assigning, or directing the use, investment, or disposition of (2) The setting aside of loan funding deposits, debt service reserves, (3) Limitations on the purpose to which or the investments in which the (4) Limitations on the issuance of additional bonds, the terms upon which (5) The refunding or refinancing of outstanding bonds; (6) The procedure, if any, by which the terms of any contract with (7) Defining the acts or omissions which shall constitute a default in the (8) Providing for guarantees, pledges of property, letters of credit, or other (9) Any other matter relating to the bonds which the Authority determines (c) No member of the Authority nor any person executing the bonds shall be (d) The Authority may enter into agreements with agents, banks, insurers, or (e) (1) A pledge by the Authority of revenues as security for an issue of bonds - 4011 -
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Volume 793, Page 4011 View pdf image |
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