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    • Legislation USA
    • Maryland Statutes
    • Environment
    • Title 9 - Water, Ice, and Sanitary Facilities
    • Subtitle 6 - Sanitary Commissions
    • Part VIII - Bonds
    • Section 9-683 - Limitation on Total of Outstanding Bonds

    Maryland Statutes
    Part VIII - Bonds
    Section 9-683 - Limitation on Total of Outstanding Bonds

    A district may not issue for a service area any bonds that, when added to the outstanding and unpaid bonds already issued for that service area, would result in a total bond issuance that exceeds 25 percent of the total value of property in the service area, as assessed for county taxation.

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    Structure Maryland Statutes

    Maryland Statutes

    Environment

    Title 9 - Water, Ice, and Sanitary Facilities

    Subtitle 6 - Sanitary Commissions

    Part VIII - Bonds

    Section 9-682 - Power of Sanitary Commission and Member Counties to Issue

    Section 9-683 - Limitation on Total of Outstanding Bonds

    Section 9-684 - Prerequisites for Issuance -- Resolution by Sanitary Commission

    Section 9-685 - Prerequisites for Issuance -- Determinations by Sanitary Commission

    Section 9-686 - Required Contents of Bonds

    Section 9-687 - Signing of Bonds

    Section 9-688 - Sale of Bonds

    Section 9-689 - Status of Bonds

    Section 9-690 - Temporary Bonds and Receipts

    Section 9-691 - Replacement of Bonds

    Section 9-692 - Use of Bond Proceeds

    Section 9-693 - Refunding Bonds

    Section 9-694 - Levy of Property Tax

    Section 9-695 - Payment of Bond Interest From Proceeds of Bonds

    Section 9-696 - Multiple County Districts; Proportionate Liability of Member Counties

    Section 9-697 - Miscellaneous Bond Provisions

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