# Local Government (GLG)

## Title 18. Local Economic Development

### Subtitle 1. Parking Authorities Act

#### Section 18-115

(a) If bonds are issued for projects having different probable useful lives, the authority shall consider the amount of the bonds to be issued for each project when it determines the average probable useful life of the projects.

(b) The determination under this section by an authority of probable useful life of the project or average probable useful life of the projects is conclusive.

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Md. Code Ann., Local Gov't (as displayed at mgaleg.maryland.gov, October 16, 2026)