Section 9-933 - Issuance and sale of bonds - Generally.
§ 9-933. Issuance and sale of bonds - Generally.
(a) Issuance of bonds without approval or consent of any unit of the State government.- An authority may issue bonds under this subtitle without:
(1) Obtaining the approval or consent of any unit of the State government; or
(2) Doing anything not specifically required by this subtitle.
(b) Sale of bonds generally.- An authority may sell bonds under this subtitle at public or private sale and at a price the authority determines is in the best interests of:
(1) The authority; and
(2) The political subdivision that is to be served.
[1985, ch. 173, § 2.]