Maryland Statutes
Division II - Washington Suburban Sanitary Commission
Title 22 - Bonds and Notes

Subtitle 1 - General Obligation Bonds and Notes

Section 22-101 - "Bond" Defined - In this subtitle, “bond” means a bond, note, certificate of...

Section 22-102 - Sanitary District Bonds - (a) The Commission may issue bonds of the sanitary district...

Section 22-103 - Bonds -- Maximum Amount Issued - (a) Except as provided in subsection (b) of this section,...

Section 22-104 - Guarantee - (a) (1) The bonds shall be: (i) issued under the...

Section 22-105 - Destroyed, Lost, or Mutilated Bonds - (a) (1) If a bond issued by the Commission is...

Section 22-106 - Repayment of Bonds - (a) (1) To retire and pay the interest on bonds...

Section 22-107 - Current Bond Fund - (a) (1) The amount collected by the Commission for benefits...

Section 22-108 - Distribution of Funds - (a) (1) From the money received from the taxes imposed...

Section 22-109 - Performance of Acts Required - To ensure the prompt payment of interest and provision for...

Section 22-110 - Anticipation Loans - (a) (1) Subject to paragraph (2) of this subsection, the...

Section 22-111 - Water Service Charge - Each year the Commission shall: (1) determine the amount necessary...

Section 22-112 - Bond Payment - The amount of water service charges and sewer usage charges...

Section 22-113 - Negotiable Bond Anticipation Notes - (a) (1) Subject to written approval of the county executives...

Section 22-114 - Refunding Bonds -- Authority to Issue - (a) The Commission may borrow money and issue refunding bonds...

Section 22-115 - Refunding Bonds -- Repayment - (a) The Commission may determine the amount of proceeds from...

Subtitle 2 - Revenue Bonds

Section 22-201 - Construction, Application, and Purpose of Subtitle - (a) This subtitle shall be liberally construed to carry out...

Section 22-202 - Issuance and Sale of Bonds - (a) The Commission may issue and sell revenue bonds to...

Section 22-203 - Negotiability - Bonds issued under this subtitle are negotiable instruments under the...

Section 22-204 - Manner and Price of Sale - (a) The Commission may sell bonds issued under this subtitle:...

Section 22-205 - Proceeds - (a) The proceeds of each bond issuance under this subtitle...

Section 22-206 - Security - As determined by the Commission, bonds issued under this subtitle...

Section 22-207 - Revenue Refunding Bonds - (a) The Commission may provide by resolution for the issuance...

Section 22-208 - Other Provisions Not Applicable - Bonds issued under this subtitle are not subject to the...

Section 22-209 - Trust Agreements to Secure Bonds - (a) The Commission may enter into a trust agreement to...

Section 22-210 - Tax Exemption; Exclusion of Interest From Gross Income - (a) Bonds issued under this subtitle, including their interest and...