{"data":{"id":"us-md/md.-code-local-government-19-503","jurisdiction":"us-md","citation":"Md. Code, Local Government § 19–503","heading":"","body":"(a) A county may:\n(1) borrow money for any public purpose; and\n(2) issue and sell general obligation bonds to evidence the borrowing.\n(b) By local law, a county may provide for the issuance of revenue bonds\npayable as to principal and interest solely from the revenues of one or more revenue–\nproducing projects of the county.\n(c) Notwithstanding any other provision of this subtitle, a county may issue\nbonds:\n(1) for sanitary facilities as provided in the Environment Article; and\n(2) as authorized by local law in effect on the date the county adopts\ncode home rule.","path":["Article - Local Government"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg\u0026section=19-503","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:58Z","sha256":"0b98f267447ac094bbb52686f96ecb95126368d8dbaa863cec2f65b71f00028e","source_id":"us-md","stale":false,"prev":"us-md/md.-code-local-government-19-502","next":"us-md/md.-code-local-government-19-504"},"notice":"GroundRules: Original legal text. Not legal advice."}