Maryland § 19-606
Full text of Maryland Maryland Code § 19-606, with citation guidance and answers to common questions.
§ 19-606.
(a) If the authorizing resolution provides, notes may be secured by:
(1) a trust indenture with a corporate trustee, which may be any trust company or bank having the powers of a trust company in or outside the State; and
(2) a letter of credit, line of credit, or other credit or liquidity instrument from or with a bank or other lending institution.
(b) A security provided by an authorizing resolution under this section may be secured by the same security given to holders of the notes for the performance by a county of the county’s monetary obligations under the notes.
Frequently Asked Questions About Maryland § 19-606
What does Maryland Code § 19-606 cover?
Section 19-606 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 § 19-606?
A common citation format is "Maryland Code § 19-606" (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 § 19-606 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.