§ 9-813. Refunding revenue bonds

MD Env Code § 9-813 (2019) (N/A)
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(a)    Any municipality may issue refunding bonds to refund, pay, or discharge the principal and interest on all or any part of the outstanding bonds:

(1)    Issued by the municipality to finance the development of all or part of the sewerage facility; and

(2)    In arrears or about to become due.

(b)    The provisions of this subtitle that concern authorization and issuance of bonds apply to authorization and issuance of refunding bonds.