§ 19-1001

Md. Code Ann., Local Gov't § 19-1001

County borrowing authority

Effective Jul 1, 2021Added by Acts 2021, c. 277, § 1, eff. July 1, 2021; Acts 2021, c. 278, § 1, eff. July 1, 2021.State of Maryland

A county may borrow money and incur indebtedness through the issuance and sale of notes in anticipation of the receipt of the county's allocation of funds from the separate account of the Bay Restoration Fund established under § 9-1605.2(h) of the Environment Article.

Added by Acts 2021, c. 277, § 1, eff. July 1, 2021; Acts 2021, c. 278, § 1, eff. July 1, 2021.