Maryland Code § TR-4-302

Section TR-4-302
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(a) Except as provided in § 4-306(b) of this subtitle, without limiting the
power of the Authority to issue additional revenue bonds under the provisions of law
that authorize the issuance of revenue bonds of prior issues, the Authority from time
to time may issue its revenue bonds to finance the cost of any one or more or
combination of transportation facilities projects.
(b) As to revenue bonds of any issue, the Authority may determine:
(1) The date or dates of issue;
(2) The date or dates and amount or amounts of maturity, which need
not be in equal principal amounts or consecutive annual installments, but a bond may
not be issued to mature later than 40 years after the date of its issue;
(3) The rate or rates of interest payable on the bonds, or the manner
of determining the rate or rates of interest, and the date or dates of payment of
interest;
(4) The tenor, form or forms, denomination or denominations,
manner of execution, and place or places of payment of the principal of and interest
on the bonds, which may be at any bank or trust company within or without this
State;

(5) Whether the bonds are to be issued in coupon or registered form
or both and whether provision is to be made for the registration of the principal only
of coupon bonds, for the reconversion of fully registered bonds into coupon form, and
for the replacement of bonds that are mutilated, lost, or destroyed;
(6) Whether all or any part of the bonds are redeemable before
maturity and, if so, the terms, conditions, and prices of redemption; and
(7) Any other matter relating to the form, terms, conditions,
issuance, sale, and delivery of the bonds.

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