There is a newer version of the Maryland Code
Maryland Environment Section 9-933
§ 9-933.
  (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.
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