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Statutes Text

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§9–690.

    (a)    Before the definitive bonds are available for delivery to bond holders, the district may issue:

        (1)    Interim receipts for payment for the bonds; or

        (2)    Temporary bonds with or without coupons.

    (b)    The interim receipts or temporary bonds may be exchanged for definitive bonds when the definitive bonds are available.



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