§ 9-696. Multiple county districts; proportionate liability of member counties
West's Annotated Code of MarylandEnvironment
MD Code, Environment, § 9-696
§ 9-696. Multiple county districts; proportionate liability of member counties
If bonds issued under this subtitle are guaranteed by more than 1 member county, the liability of each member county on its guarantee is in proportion to the assessable base of that part of the property of the county that is in the service areas for which the bonds were issued as that proportion relates to the assessable base of all property in all the service areas for which the bonds were issued.
Credits
Added by Acts 1982, c. 240, § 2.
Formerly Art. 43, § 654.
MD Code, Environment, § 9-696, MD ENVIR § 9-696
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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