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Section 22-206 - Security — Maryland Law | CourtGPT
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  8. Section 22-206 - Security
Maryland Legal Code

Section 22-206 - Security

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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.