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2022 Maryland Statutes
Environment
Title 5 - Water Resources
Subtitle 4 - Maryland Potomac Water Authority
Section 5-407 - Pledging State's Faith and Credit; Creating Debt or Obligation; Individual Liability on Contracts
Universal Citation:
MD Environment Code § 5-407 (2022)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Except as provided in § 5-408(c) of this subtitle, the Authority may not pledge the faith and credit of the State, nor create any debt or obligation of the State. If any pledge, debt, or obligation is created, it is invalid. The members of the Authority are not liable as individuals for any contract made on behalf of the Authority.
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