1. (1) Be dated;
2. (2) Bear interest at the rate or rates that the sanitary commission determines;
3. (3) Bear the seal of the district;
4. (4) Be signed for the district;

5. (5) Bear maturity dates that:

   1. (i) Are determined by the sanitary commission; and
   2. (ii) Are not more than 40 years from the date of issue; and
6. (6) Subject to the limitation on liability of each member county of a multiple county district under § 9-696 of this subtitle, be endorsed by each member county as follows: “The payment of interest when due and the principal at maturity is guaranteed by .......... (name of member county), Maryland”.

Bonds issued under this subtitle shall:

Added by Acts 1982, c. 240, § 2.

Formerly Art. 43, § 654.