Md. Code, Local Gov't § 22-104

Current with changes from the 2024 Legislative Session

Section 22-104 - Net earnings

Except as necessary to pay debt service or implement the public purposes or programs of the incorporating local government, the net earnings of a Resilience Authority may benefit only the incorporating local government and may not benefit any person.

Md. Code, LG § 22-104

Added by 2020 Md. Laws, Ch. 236,Sec. 1, eff. 7/1/2020.

Added by 2020 Md. Laws, Ch. 235,Sec. 1, eff. 7/1/2020.