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MARYLAND STATUTES AND CODES

Section 9-953 - Conveyance of project to political subdivision.

§ 9-953. Conveyance of project to political subdivision.
 

After an authority pays or provides for the payment of the principal of and interest on each bond that is secured by a pledge of the revenue of a project, and subject to any agreement that concerns the operation or disposition of the project, the authority may convey the project to its member political subdivisions. 
 

[1985, ch. 173, § 2.] 
 

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