Section 21-420 - Payment of bonds(a) Bonds are payable from the special fund required under § 21-412 of this subtitle.(b) The governing body of a municipality that issues bonds under this part may: (1) establish a sinking fund;(2) establish a debt service reserve fund;(3) pledge other assets and revenues toward the payment of the principal of and interest on the bonds; or(4) provide for municipal bond insurance or any other financial guaranty of the bonds.Revised and recodified by 2013 Md. Laws, Ch. 119,Sec. 2, eff. 10/1/2013.