§ 9–809
Statutes in effect as of October 1, 2026.
Md. Code Ann., Envir. § 9-809 (2026)
Title 9. Water, Ice, and Sanitary Facilities
Subtitle 8. Sewerage Facilities Bond Act
§ 9–809LinkCopy Citation
(a)
(1)
Any bond issued under this subtitle that bears the signatures of the officers in office on the date the bond is signed is a valid and binding obligation notwithstanding that:
(i)
At the time of delivery of or payment for the bond, any or all of the signers are no longer officers of the municipality; or
(ii)
Any proceeding that relates to the development of the sewerage facility for which the bond is issued is invalid or irregular.
(2)
A signature may be by facsimile as provided in § 2-303 of the State Finance and Procurement Article.
(b)
A recital in the bond that the bond is issued under this subtitle is conclusive evidence of:
(1)
The validity of the bond; and
(2)
The regularity of the issuance of the bond.