§ 19-218
45 words·~1 min read·
/md/local-government/19-218·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§19–218.
The proceeds of sale of bond anticipation notes shall be spent:
(1)first, for payment of the expenses of issuance of the notes; and
(2)then, subject to § 19–217(a)(2) of this subtitle, only for the public purposes for which the bonds are authorized.