§ 18-117
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/md/local-government/18-117A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§18–117.
(a)By local law, a county or municipality may guarantee the bonds as to payment of principal, interest, and any redemption premium by the full faith and credit of the county or municipality.
(b)A municipality may not grant an authority independent taxing authority.