2013 Maryland Code
ENVIRONMENT
§ 9-660 - Disposition of proceeds of benefit assessments


MD Env Code § 9-660 (2013) What's This?

§9-660.

(a) In this section, “district account” means the account maintained by a sanitary commission in accordance with this section.

(b) A sanitary commission shall:

(1) Maintain a district account; and

(2) Credit to the district account all proceeds from the benefit assessments levied under this subtitle.

(c) The sanitary commission shall use funds in the district account to pay the principal and interest on the bonds for which the benefit assessment was levied.

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