(a) A county may:
- (1) borrow money for any public purpose; and
- (2) issue and sell general obligation bonds to evidence the borrowing.
- (b) By local law, a county may provide for the issuance of revenue bonds payable as to principal and interest solely from the revenues of one or more revenue-producing projects of the county.
(c) Notwithstanding any other provision of this subtitle, a county may issue bonds:
- (1) for sanitary facilities as provided in the Environment Article; and
- (2) as authorized by local law in effect on the date the county adopts code home rule.
Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013.