Section 4-246 - Renewal and refunding. - Maryland Statutes

§ 4-246. Renewal and refunding.
 

(a)  In general.- 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)  Governing law.- The issuance and incidents of renewal notes and refunding bonds are governed by applicable provisions of this part. 
 

[An. Code 1957, art. 83B, § 2-206(k); 2005, ch. 26, § 2.]