Plain Text Law

§ 18–117

Statutes in effect as of October 1, 2026.

Md. Code Ann., Local Gov't § 18-117 (2026)
Title 18. Local Economic Development
Subtitle 1. Parking Authorities Act

§ 18–117Copy Citation

(a)
By local law, a county or municipality may guarantee the bonds as to payment of principal, interest, and any redemption premium by the full faith and credit of the county or municipality.
(b)
A municipality may not grant an authority independent taxing authority.