Section 19-109 – Bonds as Securities
(a) Bonds issued under the provisions of this title are securities in which all of the following may legally and properly invest funds, including capital in their control or belonging to them: (1) Public officers and public agencies of the State and its political subdivisions; (2) Banks, trust companies, savings and loan associations, investment companies, and others carrying […]
Section 19-110 – Title to Property; Use of State Lands
(a) The title to any property acquired or constructed under the provisions of this title shall be in the State of Maryland for the use of a system. (b) The State consents to the use of any lands owned by it for the use of a system which may be suitable and necessary for the construction or […]