(a) An authority may issue bonds under this subtitle without:
(1) Obtaining the approval or consent of any unit of the State government; or
(2) Doing anything not specifically required by this subtitle.
(b) An authority may sell bonds under this subtitle at public or private sale and at a price the authority determines is in the best interests of:
(1) The authority; and
(2) The political subdivision that is to be served.
Structure Maryland Statutes
Title 9 - Water, Ice, and Sanitary Facilities
Subtitle 9 - Water and Sewer Authorities
Part IV - Bonds of Authorities
Section 9-928 - Purpose of Bonds
Section 9-929 - Nonapplicability of Other Laws
Section 9-930 - Bonds Not Pledge of Faith and Credit of State or Political Subdivision
Section 9-931 - Bonds Constitute Legal Investments
Section 9-932 - Power to Issue and Secure Bonds
Section 9-933 - Issuance and Sale of Bonds -- Generally
Section 9-935 - Temporary and Lost Bonds
Section 9-936 - Limitations on Issuance of Additional Bonds
Section 9-937 - Refunding Bonds; Joint Cost and Refunding Bonds
Section 9-938 - Securing Bonds by Resolution or Trust Agreement
Section 9-939 - Contents and Effect of Resolution or Trust Agreement
Section 9-940 - Holder of Bonds May Protect and Enforce Rights
Section 9-941 - Principal and Interest; Maturity; Form; Negotiability; Registration; Reconversion