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Current as of December 31, 2021 | Updated by FindLaw Staff
(a) A municipal authority may set, collect, and, if necessary, modify service rates to provide funds:
(1) To pay all or part of the principal and interest on bonds issued under Part II of this subtitle; and
(2) To pay for the cost of maintenance, repair, and operation, including overhead expenses and depreciation allowance, of systems constructed under Part II of this subtitle.
(b) The service rates shall be:
(1) Chargeable against all property served by any system under the ownership of the municipal authority; and
(2) Collectible against the owner of the property served, in the same manner as other debts are collectible at law.
(c) The municipal authority may set:
(1) The time for payment; and
(2) The penalties for nonpayment.
Cite this article: FindLaw.com - Maryland Code, Environment § 9-714 - last updated December 31, 2021 | https://codes.findlaw.com/md/environment/md-code-envir-sect-9-714/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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