Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 8-142 - Time for Repayment — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. State Finance and Procurement/
  5. Division I - State Finance/
  6. Title 8 - Debt/
  7. Subtitle 1 - General Obligation Debt/
  8. Part V - State Revenue Anticipation Notes/
  9. Section 8-142 - Time for Repayment
Maryland Legal Code

Section 8-142 - Time for Repayment

Ask AI about this
(a) A loan under this Part V of this subtitle in anticipation of proceeds of a sale of State bonds shall be repaid within 180 days after the date of the loan. (b) A loan under this Part V of this subtitle in anticipation of tax receipts shall be repaid within 180 days after the date of the loan but no later than 45 days after the close of the fiscal year. (c) The Board may not extend a time limit set in this section.