reglab/housing_qa huggingface dataset:
MD. Environment Code Ann. §  9-931 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-931 - Bonds Constitute Legal Investments

    A bond issued under this subtitle is a security:         (1)    In which any person who conducts a banking business, investment business, or insurance business, any fiduciary, any other person, or any public officer or agency of this State or of any political subdivision may invest funds, including capital that:            (i)    Is in the control of the person, officer, or agency; or            (ii)    Belongs to the person, officer, or agency; and        (2)    That may be deposited with and received by any officer or agency of this State, or any political subdivision, or any officer of a political subdivision, for any purpose for which the deposit of bonds or other obligations of this State is authorized by law.
MD. Environment Code Ann. §  9-932 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-932 - Power to Issue and Secure Bonds

    By resolution of its board of directors, an authority may:         (1)    Issue bonds of the authority;        (2)    Secure the payment of the bonds by pledge or deed of trust of all or any part of the revenue of the authority;        (3)    Either before or after the issuance of bonds, make any agreement that the authority considers advisable with:            (i)    A purchaser or holder of the bonds; or            (ii)    Any other person in connection with the bonds; and        (4)    Provide generally for:            (i)    The security for the bonds; and            (ii)    The rights of the holders of the bonds.
MD. Environment Code Ann. §  9-933 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-933 - Issuance and Sale of Bonds -- Generally

    (a)    An authority may issue bonds under this subtitle without:        (1)    Obtaining the approval or consent of any unit of the State government; or        (2)    Doing anything not specifically required by this subtitle.    (b)    An authority may sell bonds under this subtitle at public or private sale and at a price the authority determines is in the best interests of:        (1)    The authority; and        (2)    The political subdivision that is to be served.
MD. Environment Code Ann. §  9-934 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-934 - Issuance and Sale of Bonds -- Special Provisions in Allegany County, Dorchester County, and Middletown in Frederick County

    (a)    This section applies only in Allegany County, Dorchester County, and the town of Middletown in Frederick County.    (b)    (1)    An authority may not issue bonds unless the question of issuance of the bonds is submitted to the registered voters who reside within the geographical area served by the authority.        (2)    The governing body and the board of election supervisors in each political subdivision shall do whatever is necessary and proper to submit the question to a referendum of the qualified voters of the political subdivision.    (c)    A qualified voter at a referendum under this section is an individual who:        (1)    Lives within the geographic area served by the authority; and        (2)    Is qualified and registered to vote in State and county elections in the area.    (d)    (1)    The board of directors of the authority shall set the date for the referendum.        (2)    Except as otherwise provided in this subtitle, the Election Law Article governs the conduct of the referendum.    (e)    The appropriate board of election supervisors shall print the words “For the bond issue” and “Against the bond issue” on each ballot at a referendum under this section.    (f)    (1)    If a majority of the qualified voters who vote on the question vote “For the bond issue”, the authority may issue the bonds.        (2)    If a majority of the qualified voters who vote on the question vote “Against the bond issue”, the authority may not issue the bonds.    (g)    A referendum under this section does not prevent an authority from submitting the same or a similar question at another referendum that is held at a later time.
MD. Environment Code Ann. §  9-935 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-935 - Temporary and Lost Bonds

    (a)    (1)    Before the preparation of definitive bonds, an authority may issue interim receipts or temporary bonds with or without coupons.        (2)    Issuance of interim receipts or temporary bonds is subject to the restrictions that govern the issuance of definitive bonds.    (b)    Interim receipts or temporary bonds are exchangeable for definitive bonds when the definitive bonds are executed and available for delivery.    (c)    An authority may provide for the replacement of any bond that is lost, destroyed, or mutilated.
MD. Environment Code Ann. §  9-936 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-936 - Limitations on Issuance of Additional Bonds

    (a)    If an authority considers it necessary, the authority may include any limitation or restriction on the issuance of additional bonds:        (1)    In the resolution that provides for the issuance of bonds of the authority; or        (2)    In any trust agreement that secures the bonds.    (b)    If a resolution or trust agreement places any limitation or restriction on the issuance of additional bonds, the authority shall honor the limitation or restriction when the authority issues additional bonds.
MD. Environment Code Ann. §  9-937 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-937 - Refunding Bonds; Joint Cost and Refunding Bonds

    By resolution of its board of directors, an authority may provide for the issuance of:         (1)    Refunding bonds to refund any bonds of the authority that were issued under this subtitle and are outstanding; or        (2)    A single issue of bonds to:            (i)    Pay the cost of a project or of the improvement, extension, or reconstruction of or additions to a project; and            (ii)    Refund bonds that:                1.    Were issued under this subtitle and are outstanding; and                2.    Have matured, are subject to redemption, or can be retired.
MD. Environment Code Ann. §  9-938 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-938 - Securing Bonds by Resolution or Trust Agreement

    (a)    To secure any bond issued under this subtitle, an authority may enter into a trust agreement with a corporate trustee, which may be:        (1)    A trust company; or        (2)    A bank that has the powers of a trust company.    (b)    In the resolution or trust agreement that authorizes the authority to issue bonds, the authority:        (1)    May pledge or assign the revenues to be received from the operation of any project for which the bonds are issued;        (2)    In the case of bonds that finance a sewerage system, and to the extent allowed under § 9-946 of this subtitle, may pledge or assign as security for the bonds the revenues to be received from the water system of the authority;        (3)    May not convey or mortgage any part of a project;        (4)    May include reasonable, proper, and lawful provisions for protecting and enforcing the rights and remedies of bondholders, including:            (i)    Covenants stating the duties of the authority to acquire, construct, improve, maintain, operate, repair, and insure any project for which the bonds are issued;            (ii)    Provisions for the custody, protection, and use of the funds of the authority; and            (iii)    Provisions for the employment of consulting engineers in connection with the construction or maintenance of any project for which the bonds are issued;        (5)    May state the rights and remedies of bondholders and, in the case of a trust agreement, of trustees;        (6)    May restrict the individual right of action of a bondholder in any way that is customary in a trust agreement or trust indenture that secures bonds or debentures of a corporation; and        (7)    May include any other provision that the authority considers to be reasonable and proper for the security of bondholders.    (c)    Except as otherwise provided in this subtitle, an authority may provide for:        (1)    Payment of the proceeds of the sale of its bonds and payment of any revenue of the authority to any officer, board, or depositary that the authority designates as custodian of the proceeds and revenues; and        (2)    Disbursement of the proceeds and revenues with any safeguards and restrictions that the authority determines.    (d)    An authority may treat any expense that is incurred in carrying out the provisions of a resolution or trust agreement under this section as a part of the cost of operation of the project.
MD. Environment Code Ann. §  9-939 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-939 - Contents and Effect of Resolution or Trust Agreement

    (a)    A resolution or trust agreement that provides for the issuance of or secures bonds under this subtitle may:        (1)    Include any of the provisions in subsections (c) through (f) of this section; and        (2)    Require the authority to adopt resolutions or take any other lawful action that is necessary to enforce those provisions.    (b)    If a resolution or trust agreement includes any of the provisions of subsections (c) through (f) of this section, the authority may adopt resolutions and take any other lawful action that is necessary to enforce those provisions.    (c)    If the owner, tenant, or occupant of a parcel of land is obligated to pay rates, fees, or charges for the use of or services furnished by any project of an authority, the authority may require the owner, tenant, or occupant to deposit with the authority, before the use is made or the services are furnished, a reasonable amount:        (1)    To insure payment of the rates, fees, or charges; and        (2)    To be applied to payment of any delinquent rates, fees, or charges.    (d)    If the owner, tenant, or occupant of a parcel of land does not pay any rate, fee, or charge for the use of or services furnished by any project of an authority within 30 days after the rate, fee, or charge becomes due and payable, the authority, at the end of the 30-day period, may:        (1)    Disconnect the parcel of land from the water system or sewerage system of the authority or otherwise suspend services; and        (2)    Recover the amount of the rate, fee, or charge that is delinquent, plus interest:            (i)    In a civil action; or            (ii)    By foreclosure of the lien for the rate, fee, or charge.    (e)    If any rate, fee, or charge for the use of or services furnished to a lot or parcel of land by a sewerage system that is owned, constructed, or operated by an authority under this subtitle is not paid within 30 days after the rate, fee, or charge becomes due and payable, the owner, tenant, or occupant of the parcel of land shall stop disposing of sewage or industrial wastes from the parcel of land directly or indirectly into the sewerage system until the rate, fee, or charge, plus interest, is paid.    (f)    (1)    If the owner, tenant, or occupant of a parcel of land does not stop disposing of sewage or industrial wastes as required by subsection (e) of this section, any political subdivision or person who supplies or sells water for use on the parcel of land shall stop supplying or selling the water within 5 days after receiving notice of the delinquency from the authority.        (2)    If a political subdivision or person does not stop supplying or selling water for use on a parcel of land as required by paragraph (1) of this subsection, the authority may shut off the supply of water to the parcel of land.
MD. Environment Code Ann. §  9-940 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-940 - Holder of Bonds May Protect and Enforce Rights

    Subject to any restriction in the resolution or trust agreement that provides for the issuance of or secures the bonds of an authority, any holder of the bonds, any holder of any coupons from the bonds, or any trustee under a trust agreement that secures the bonds may:         (1)    Enforce in any civil action any right granted by the resolution or trust agreement or by any law of this State; and        (2)    Compel the performance of any duty imposed on the authority or an officer of the authority by this subtitle or by the resolution or trust agreement, including setting, charging, and collecting rates, fees, and charges for the use of or services furnished by any project.
MD. Environment Code Ann. §  9-941 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-941 - Principal and Interest; Maturity; Form; Negotiability; Registration; Reconversion

    (a)    An authority shall pay the principal of and interest on its bonds only from the funds from which this subtitle authorizes payment.    (b)    For any bond that an authority issues, the authority:        (1)    Shall place the date of issue on the bond;        (2)    Shall set the maturity date for the bond, which shall be any time up to 40 years from the date of issue; and        (3)    May provide for the redemption of the bond before maturity:            (i)    At the option of the authority; and            (ii)    At a price and on terms and conditions that the authority fixes before it issues the bond.    (c)    A bond or certificate that otherwise conforms to this section is valid and sufficient for all purposes whether or not the officer whose signature or a facsimile of whose signature is on the bond or certificate is still an officer when the bond or certificate is delivered.    (d)    An authority:        (1)    Shall determine the form of its bonds; and        (2)    May issue its bonds in coupon or registered form or both.    (e)    An authority shall determine:        (1)    The manner of execution of its bonds;        (2)    The denominations of its bonds; and        (3)    The places for payment of the principal of and interest on its bonds, which may be any bank or trust company.    (f)    A bond issued under this subtitle is fully negotiable as provided in Title 8 of the Commercial Law Article.    (g)    An authority may provide for:        (1)    The registration of any coupon bond as to:            (i)    Principal only; or            (ii)    Both principal and interest; and        (2)    The reconversion into a coupon bond of any bond that is registered as to both principal and interest.
MD. Environment Code Ann. §  9-942 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part IV - Bonds of Authorities|Section 9-942 - Use of Proceeds

    (a)    An authority shall:        (1)    Use the proceeds of any bond that it issues only to pay for the project for which the bond was issued; and        (2)    Disburse the proceeds of any bond in the manner and under any restrictions that the authority provides in the resolution or trust agreement that authorizes the issuance of or secures the bond.    (b)    (1)    If, for any reason, the proceeds of an issue of bonds are less than the cost of the project for which the authority issued the bonds, the authority may issue additional bonds, in a manner similar to that followed in issuing the original bonds, to provide the amount of the deficit.        (2)    Unless otherwise provided in the resolution or trust agreement that authorizes the issuance of or secures the original bonds, additional bonds issued under this subsection:            (i)    Are of the same issue as the original bonds; and            (ii)    Are entitled to payment from the same fund, without any preference or priority being given to the original bonds.    (c)    If the proceeds of an issue of bonds exceed the cost of the project for which the authority issued the bonds, the authority shall deposit the surplus to the credit of the reserve account or sinking fund for the bonds.
MD. Environment Code Ann. §  9-945 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part V - Projects of Authorities|Section 9-945 - Contracts for Services and Use of Projects

    (a)    An authority may enter into any contract that the authority determines is necessary or incidental to the exercise of its powers or the performance of its duties under this subtitle, including a contract with:        (1)    Any federal agency, this State, any agency of this State, any political subdivision, or any person:            (i)    Providing for or relating to furnishing the services and facilities of a project of the authority; or            (ii)    In connection with the services and facilities of a water system or sewerage system that is owned or controlled by the federal agency, this State, the agency of this State, the political subdivision, or the person;        (2)    Any person, political subdivision, or public authority of this or any adjoining state for the construction and operation of a project that is located partly in this State and partly in the adjoining state; and        (3)    Any federal agency or political subdivision relating to:            (i)    The use by the authority of the services or facilities of any water system or sewerage system that is not owned or operated by the authority; or            (ii)    The use by the federal agency, political subdivision, or residents of the political subdivision of:                1.    Any project acquired or constructed by the authority under this subtitle; or                2.    The services or facilities of the project.    (b)    A contract under this section:        (1)    Is subject to any provision, limitation, or condition that is contained in:            (i)    A resolution of the authority that authorizes the authority to issue bonds; or            (ii)    A trust agreement that secures bonds of the authority;        (2)    May provide for the collection of fees, rates, or charges for the services and facilities furnished to a political subdivision or any of its residents, and may provide that the collection be done:            (i)    By a political subdivision or any agent of a political subdivision; or            (ii)    By any agent of an authority; and        (3)    May provide for the enforcement of any delinquent charge.    (c)    Any law that is enacted by a political subdivision under a contract under this section:        (1)    Is not repealable if any bond to which the contract relates is outstanding and unpaid; and        (2)    Is for the benefit of the bondholders.    (d)    A contract under this section and any law of a political subdivision that is enacted under the contract shall provide that the total of any rates, fees, and charges is sufficient to pay all of the obligations that are assumed by the other party to the contract.
MD. Environment Code Ann. §  9-947 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part V - Projects of Authorities|Section 9-947 - Rates, Fees, and Charges -- Additional Charges for Burdensome Waste

    If the sewage or other waste that a manufacturing, commercial, or industrial plant or other building or premises discharges into a sewerage system is, because of its character, an unreasonable burden on the sewerage system, the authority that owns, operates, or maintains the sewerage system may:         (1)    Impose an additional charge on the owner, tenant, or occupant of the plant, building, or premises; or        (2)    Require the owner, tenant, or occupant of the plant, building, or premises, before it discharges its sewage or other waste, to treat the sewage or waste in a manner that the authority determines.
MD. Environment Code Ann. §  9-948 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part V - Projects of Authorities|Section 9-948 - Rates, Fees, and Charges -- List of Water Meter Readings

    (a)    An authority may use data that a political subdivision furnishes under this section to calculate the rates, fees, and charges of the authority for sewer services to a consumer of water.    (b)    By the 15th day of the month after the month in which the political subdivision issues water bills, and at the request of the authority, each member political subdivision shall submit to the authority:        (1)    A list of the water meter readings on which the water bills were based; or        (2)    A statement of the amounts of the water bills.
MD. Environment Code Ann. §  9-949 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 9 - Water and Sewer Authorities|Part V - Projects of Authorities|Section 9-949 - Liens for Fees, Rents, or Other Charges

    (a)    An authority has a lien on real estate:        (1)    For:            (i)    The amount of any fee, rent, or charge, including a tapping fee, imposed on an owner, tenant, or occupant of the real estate for the use and services of a project of the authority; and            (ii)    Any accrued interest on the fee, rent, or charge; and        (2)    From the time when the fee, rent, or charge is due and payable.    (b)    A lien under this section is superior to any interest of an owner, tenant, or occupant of the affected real estate.    (c)    A lien under this section binds or affects a subsequent bona fide purchaser of the real estate who purchases for valuable consideration and without actual notice of the lien only after the amount of the lien is entered in a lien register that is:        (1)    Furnished for this purpose by and at the expense of the authority; and        (2)    Kept among the land records of the county where the real estate is located.    (d)    The clerk of the circuit court in the county where the real estate is located:        (1)    Shall keep and make available for public inspection any lien register that an authority provides to the clerk under this section; and        (2)    Shall record and index in the lien register any entry that the authority certifies.    (e)    (1)    To discharge a lien under this section, a person shall pay to the authority:            (i)    The total amount of the lien; and            (ii)    Any interest that has accrued on the lien to the date of payment.        (2)    When a person discharges a lien under this subsection, the authority shall deliver to the person a certificate of payment.        (3)    When a person presents a certificate of payment to the clerk of the circuit court in the county where the real estate is located, the clerk, without any fee, shall record the discharge of the lien in the lien register.