§ 4-1609
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/md/housing-and-community-development/4-1609A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–1609.
(a)A covered county may issue new bonds to pay outstanding bonds in accordance with procedures of this subtitle and § 19–207 of the Local Government Article.
(b)New bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded.