§ 22-104. Earnings; benefit
West's Annotated Code of MarylandLocal GovernmentEffective: July 1, 2020
Effective: July 1, 2020
MD Code, Local Government, § 22-104
§ 22-104. Earnings; benefit
Except as necessary to pay debt service or implement the public purposes or programs of the incorporating local government, the net earnings of a Resilience Authority may benefit only the incorporating local government and may not benefit any person.
Credits
Added by Acts 2020, c. 235, § 1, eff. July 1, 2020; Acts 2020, c. 236, § 1, eff. July 1, 2020.
MD Code, Local Government, § 22-104, MD LOCAL GOVT § 22-104
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.
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