Md. Code, Local Government § 18-117

Md. Code, Local Government § 18-117
in effect
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(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg&section=18-117&enactments=falseFetched: 10/17/2026

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