Maryland § 10-349
Full text of Maryland Maryland Code § 10-349, with citation guidance and answers to common questions.
§ 10-349.
(a) The Authority may issue bonds to finance or otherwise provide for the payment of public obligations or closure costs of a hospital in accordance with a plan developed under § 10-348 of this subtitle.
(b) The bonds issued under subsection (a) of this section shall:
(1) be payable from the fees provided under § 10-350 of this subtitle or from other sources provided in the plan;
(2) be authorized, sold, executed, and delivered in accordance with this subtitle; and
(3) have terms consistent with constitutional and other legal requirements.
(c) In connection with the issuance of any bond, the Authority may assign its rights under a loan, lease, or other financing agreement between the Authority or any other issuer of a public obligation and the closed or delicensed hospital to the State or a State unit in consideration for the payment of a public obligation as provided in this part.
Frequently Asked Questions About Maryland § 10-349
What does Maryland Code § 10-349 cover?
Section 10-349 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-349?
A common citation format is "Maryland Code § 10-349" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-349 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.