§ 9–641
Statutes in effect as of October 1, 2026.
Md. Code Ann., Envir. § 9-641 (2026)
Title 9. Water, Ice, and Sanitary Facilities
Subtitle 6. Sanitary Commissions
§ 9–641LinkCopy Citation
(a)
If the governing body of each member county that has territory in the service area of the project approves, a district may borrow money and pay interest to provide interim financing for a project.
(b)
Borrowing under this section may not be for a period of more than 5 years.
(c)
Each member county that approves a borrowing under this subsection shall guarantee payment of the principal and interest in the same way that a county makes guarantees under Part VIII of this subtitle.