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Maryland · Through 2026-01-01

Md. Code, State Finance and Procurement § 8–207

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  1. Article - State Finance and Procurement

(a) This section does not apply to bonds issued under an enabling act that specifically states that this section does not apply.

(b) Whenever a State unit simultaneously issues bonds authorized under 2 or more enabling acts, the State unit may allow submission of a bid that:

(1) is for bonds authorized under 1 enabling act; and

(2) is conditioned on the acceptance of 1 or more companion bids for bonds authorized under 1 or more of the other enabling acts.

(c) Whenever, as a whole, a set of bids under subsection (b) of this section yields to the State unit more than individual bids, the State unit shall accept the set even if 1 or more of the bids in the set yields less than the individual bids.

Collected 2026-09-14T20:00:48Z. Source file · JSON

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