Statutes > Maryland Statutes > ENVIRONMENT > TITLE 9 - WATER, ICE, AND SANITARY FACILITIES > Subtitle 9 - Water and Sewer Authorities > Section 9-953 - Conveyance of project to political subdivision.

Section 9-953 - Conveyance of project to political subdivision.

§ 9-953. Conveyance of project to political subdivision.
  

After an authority pays or provides for the payment of the principal of and interest on each bond that is secured by a pledge of the revenue of a project, and subject to any agreement that concerns the operation or disposition of the project, the authority may convey the project to its member political subdivisions. 
 

[1985, ch. 173, § 2.]