Montgomery County |
Code |
Part II. Local Laws, Ordinances, Resolutions, Etc. |
Chapter 20. Finance. [Note] |
Article IX. Revenue Bonds. |
§ 20-49. Authority to issue revenue bonds.
Latest version.
- (a) The county may issue revenue bonds payable as to principal, interest, and premium, if any, only from the funds or revenues received from or in connection with any project, all or part of which is financed from the proceeds of revenue bonds.(b) The authority to issue revenue bonds must be exercised in the manner established in this article. (1986 L.M.C., ch. 52, § 1.)