# Local Government (GLG)

## Title 19. Public Debt

### Subtitle 9. Pension Liability Funding Bonds

#### Section 19-902

(a) This subtitle applies only to:

  (1) charter counties;

  (2) code counties; and

  (3) municipalities.

(b) This subtitle applies only to a pension or retirement plan or system:

  (1) that is closed to new membership; and

  (2) under which a county or municipality is directly or indirectly obligated to pay or cause to be paid retirement, disability, death, or other benefits.

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