SubTitle 31. PRINCE GEORGE'S COUNTY SUPPLEMENTAL HIGHER EDUCATION LOAN AUTHORITY.

§ 31-118. Termination provisions.

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The Authority in its corporate existence shall continue until terminated by law but no law terminating its existence shall take effect as long as any bonds of the Authority are outstanding and unpaid without adequate provision for payment having been made. Upon termination of its existence, all rights, privileges, and property of the Authority shall pass to and be vested in Prince George's County, Maryland.

(Chapter 704, Laws of Md., 1986)

                    
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