Maryland § 19-108
Full text of Maryland Maryland Code § 19-108, with citation guidance and answers to common questions.
§ 19-108.
(a) A system may provide by resolution for the issuance of bonds for the purpose of refunding any bonds or refunding bonds then outstanding including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption of the bonds and any issuance costs of refunding bonds.
(b) The provisions of this title govern:
(1) The issuance of the refunding bonds;
(2) Their maturities and other details;
(3) The rights and remedies of the bondholder;
(4) The security for the refunding bonds; and
(5) The rights, duties, and obligations of a system.
Frequently Asked Questions About Maryland § 19-108
What does Maryland Code § 19-108 cover?
Section 19-108 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 § 19-108?
A common citation format is "Maryland Code § 19-108" (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 § 19-108 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.