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Maryland Code, Local Government § 18-115

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

(a) If bonds are issued for projects having different probable useful lives, the authority shall consider the amount of the bonds to be issued for each project when it determines the average probable useful life of the projects.

(b) The determination under this section by an authority of probable useful life of the project or average probable useful life of the projects is conclusive.

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Cite this article: FindLaw.com - Maryland Code, Local Government § 18-115 - last updated January 01, 2025 | https://codes.findlaw.com/md/local-government/md-code-local-govt-sect-18-115/

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