# Local Government (GLG)

## Title 22. Resilience Infrastructure

### Subtitle 1

#### Section 22-106

(a) Notwithstanding any other provision of law, a Resilience Authority may issue and sell bonds periodically:

  (1) for resilience infrastructure projects;

  (2) to refund outstanding bonds;

  (3) to pay the costs of preparing, printing, selling, and issuing the bonds;

  (4) to fund reserves; and

  (5) to pay the interest on the bonds in the amount and for the period the Resilience Authority considers reasonable.

(b) Bonds issued by a Resilience Authority are limited obligations and are not a pledge of the faith and credit or taxing power of an incorporating local government.

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