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Statutes Text

Article - Public Utilities




§22–206.

    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.



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