Maryland Statutes

§ 19-903

Maryland § 19-903
JurisdictionMaryland
Article glgLocal Government
Title19

This text of Maryland § 19-903 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 § 19-903 (2026).

Text

The General Assembly finds that it is in the best interests of the charter counties, code counties, and municipalities and the residents of the State to authorize each charter county, code county, or municipality to issue bonds in order to fund any unfunded liability of the county or municipality with respect to any pension or retirement plan or system to:

(1)use favorable market conditions that may exist to reduce the cost of the pension or retirement plan or system to the county or municipality; or
(2)otherwise structure and provide for pension plan liability funding in a manner consistent with the financial plans of the county or municipality.

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Nearby Sections

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Cite This Page — Counsel Stack

Bluebook (online)
Maryland § 19-903, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/glg/19-903.