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Maryland Code, Environment § 9-696

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Maryland Code, Environment § 9-696 - last updated January 01, 2025 | https://codes.findlaw.com/md/environment/md-code-envir-sect-9-696/

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