§ 6-409. Construction with prior laws, and issuance or sale of certificates of indebtedness
West's Annotated Code of MarylandTransportation
MD Code, Transportation, § 6-409
§ 6-409. Construction with prior laws, and issuance or sale of certificates of indebtedness
(a) Except as expressly provided in this title, this title does not repeal, modify, or otherwise affect in any manner:
(2) Anything done or any contract, lease, agreement, or other legal instrument made before June 1, 1956, by the Mayor and City Council of Baltimore, the Commissioners of Finance of Baltimore City, the Board of Estimates of Baltimore City, the Port Development Commission of Baltimore City, or the Port of Baltimore Commission under or in connection with any of the laws listed in item (1) of this subsection or any other law; or
(3) Any of the powers or duties of the Mayor and City Council of Baltimore, the Commissioners of Finance of Baltimore City, the Board of Estimates of Baltimore City, or the Port of Baltimore Commission under or in connection with any of the laws listed in item (1) of this subsection or any other law.
(b) After the Mayor and City Council of Baltimore has issued and sold enough of its certificates of indebtedness under the laws listed in subsection (a)(1) of this section or any other law to comply fully with all of its obligations, duties, and responsibilities under the contract, dated April 27, 1955, between the Mayor and City Council of Baltimore and the Western Maryland Railway Company (ratified by Ordinance No. 1483, approved May 19, 1955), the authority of the Mayor and City Council of Baltimore to issue or sell any more certificates of indebtedness under the laws listed in subsection (a)(1) of this section terminates.
Credits
Added by Acts 1977, c. 13, § 2, eff. July 1, 1977. Amended by Acts 1996, c. 10, § 1, eff. April 9, 1996.
Formerly Art. 62B, § 22.
MD Code, Transportation, § 6-409, MD TRANS § 6-409
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |