Maryland § 13-1018
Full text of Maryland Maryland Code § 13-1018, with citation guidance and answers to common questions.
§ 13-1018.
(a) Subject to this part, the Authority may at any time and from time to time issue bonds for any corporate purpose, including the establishment of reserves and the payment of interest.
(b) The Authority:
(1) Shall by resolution authorize any bonds that it issues; and
(2) May secure the bonds by a trust agreement between the Authority and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State.
(c) The Authority shall notify the Board of Public Works of its intention to issue bonds up to a stated amount.
Frequently Asked Questions About Maryland § 13-1018
What does Maryland Code § 13-1018 cover?
Section 13-1018 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 § 13-1018?
A common citation format is "Maryland Code § 13-1018" (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 § 13-1018 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.