# Environment (GEN)

## Title 9. Water, Ice, and Sanitary Facilities

### Subtitle 8. Sewerage Facilities Bond Act

#### Section 9-806

(a) The authorizing resolution may provide that the bonds shall contain a recital that they are issued under this subtitle.

(b) The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.

(c) The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:

  (1) Be in 1 or more series;

  (2) Bear a certain date or dates;

  (3) Be executed in a certain manner;

  (4) Contain certain terms, covenants, and conditions;

  (5) Be in coupon or registered form, or both;

  (6) May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;

  (7) Be payable in a certain medium of payment;

  (8) Be payable at a certain place or places;

  (9) Carry certain registration privileges; and

  (10) Be subject to certain terms of redemption.

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Md. Code Ann., Envir. (as displayed at mgaleg.maryland.gov, October 16, 2026)