Md. Code, Public Utilities § 22-206

Md. Code, Public Utilities § 22-206
in effect
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As determined by the Commission, bonds issued under this subtitle may be secured by or made payable from: (1) letters of credit; (2) lines of credit; (3) bond purchase agreements; (4) bond insurance policies; (5) guaranty agreements; and (6) similar credit arrangements.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gpu&section=22-206&enactments=falseFetched: 10/17/2026

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