Maryland Statutes
§ 16-107
Maryland § 16-107
This text of Maryland § 16-107 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Local Government § 16-107 (2026).
Text
(a)In this section, “reserve account” means a continuing, nonlapsing account or fund in which money is retained to support appropriations that have become unfunded.
(b)By ordinance or local law, after notice and hearing, a county may establish one or more reserve accounts.
(c)An ordinance or a local law that establishes a reserve account shall provide for:
(1)requirements for the accumulation of a fixed amount of money, a percentage of designated revenues, or both;
(2)the circumstances under which the account may be used; and
(3)the use of any earnings on the account.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 16-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/glg/16-107.