§ 22–111

Statutes in effect as of October 1, 2026.

Md. Code Ann., Pub. Util. § 22-111 (2026)

Title 22. Bonds and Notes

Subtitle 1. General Obligation Bonds and Notes

Each year the Commission shall:

(1)

determine the amount necessary to pay the principal and interest requirements of the bonds; and

(2)

set the water service charge of the sanitary district at a rate sufficient to pay:

(i)

the cost of the service; and

(ii)

the requirements of bonds, issued and outstanding, that are to be paid out of the water service.