Md. Code, Environment § 9-683

Md. Code, Environment § 9-683
in effect
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A district may not issue for a service area any bonds that, when added to the outstanding and unpaid bonds already issued for that service area, would result in a total bond issuance that exceeds 25 percent of the total value of property in the service area, as assessed for county taxation.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gen&section=9-683&enactments=falseFetched: 10/17/2026

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