Section 9-689 - Status of bonds.
§ 9-689. Status of bonds.
Bonds issued under this subtitle are:
(1) Fully negotiable within the meaning of and for all the purposes of Title 8 of the Commercial Law Article; and
(2) Exempt from all State, county, and city taxation.
[An. Code 1957, art. 43, § 654; 1982, ch. 240, § 2.]