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Md. Code Ann., Envir. § 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.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.