Section 22-106 - Issuance and sale of bonds(a) Notwithstanding any other provision of law, a Resilience Authority may issue and sell bonds periodically: (1) for resilience infrastructure projects;(2) to refund outstanding bonds;(3) to pay the costs of preparing, printing, selling, and issuing the bonds;(4) to fund reserves; and(5) to pay the interest on the bonds in the amount and for the period the Resilience Authority considers reasonable.(b) Bonds issued by a Resilience Authority are limited obligations and are not a pledge of the faith and credit or taxing power of an incorporating local government.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.