The County may provide for the issuance of bonds under this section at any time or times for the purpose of refunding any bonds of:
(a) The district, a body politic and corporate created by the County pursuant to the provisions of Title 9, Subtitle 6 of the Environment Article of the Annotated Code of Maryland;
(b) The sanitary commission; and
(c) The County, acting pursuant to this chapter,
which are then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the earliest or any subsequent date of redemption, purchase or maturity of the bonds. Refunding bonds may be issued in an amount in excess of that of the bonds to be refunded, but the proceeds of sale of refunding bonds, after payment of all costs of issuance of said bonds, may only be used to refund the bonds described in this paragraph. The powers granted and the limitations imposed by §§ 2-13-13 and 2-13-14 of this chapter shall also apply to the issuance of refunding bonds pursuant to this section.(Code 1959, § 10A-22; 1979, Chapter 723, § 1; 2007, Chapter 5, § 1) (Bill No. 22-21, 10-25-2022)