Maryland Code § HS-4-246

Section HS-4-246
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(a) By written determination, the Administration may provide for the
issuance of notes to renew its notes, and bonds to pay its notes or to fund or refund
its bonds, whether or not the bonds to be refunded have matured, including the
payment of any redemption premium and any interest accrued or to accrue on the
notes or bonds to be renewed, paid, or refunded.
(b) The issuance and incidents of renewal notes and refunding bonds are
governed by applicable provisions of this part.

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