Section 22-107 - Bond resolutions(a) For each issue of its bonds, a Resilience Authority shall adopt a resolution that: (1) specifies and describes the resilience infrastructure;(2) generally describes the public purpose to be served and the financing transaction;(3) specifies the maximum principal amount of the bonds that may be issued; and(4) imposes terms or conditions on the issuance and sale of bonds it considers appropriate.(b) A Resilience Authority, by resolution, may:(1) specify, determine, prescribe, and approve matters, documents, and procedures that relate to the authorization, sale, security, issuance, delivery, and payment of and for the bonds;(2) create security for the bonds;(3) provide for the administration of bond issues through trust or other agreements with a bank or trust company that cover a countersignature on a bond, the delivery of a bond, or the security for a bond; and(4) take other action it considers appropriate concerning the bonds.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.