(a) The authorizing resolution, and notes and agreements authorized under the authorizing resolution, are not subject to:
(1) procedures required for legislative acts; or
(2) referendum.
(b) The authorizing resolution may include covenants regarding the payment of principal of and interest on the notes, notwithstanding any:
(1) limitation in the county charter;
(2) other public general law; or
(3) public local law.
(c) (1) A county may adopt an authorizing resolution without complying with any procedures in:
(i) the county charter;
(ii) any public general law; or
(iii) a public local law.
(2) Public school construction and capital improvements financed by a county under this part are not a capital project of a county for purposes of any constitutional, charter, statutory, or other limitation.
(d) Any notes or agreements issued or entered into under this part may not be subject to or included in any constitutional, charter, statutory, or other limitation for the issuance of indebtedness by a county.
(e) The provisions of this part are self–executing.
Structure Maryland Statutes
Subtitle 6 - Creation of Public Debt -- Public Schools
Part I - Public Schools -- in General
Section 19-602 - County Borrowing Authority
Section 19-603 - Authorized Use of Proceeds
Section 19-605 - Authorizing Resolution
Section 19-607 - Exemption From Specific Provisions
Section 19-608 - Valid and Binding Obligations
Section 19-609 - Tax Exemption
Section 19-610 - Exemptions and Terms