Issuance and sale of bonds -- Generally

  1. Law
  2. Maryland Code
  3. Environment
  4. Water, Ice, and Sanitary Facilities
  5. Water and Sewer Authorities
  6. Bonds of Authorities
  7. Issuance and sale of bonds -- Generally

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    (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.


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