§ 42-1. Title
§ 42-2. Definitions.
§ 42-3. Creation; Composition; Appointment; Terms and Qualifications; Chair.
§ 42-4. Purpose.
§ 42-5. Secretary-treasurer.
§ 42-6. Compensation of members.
§ 42-7. Oath of members.
§ 42-8. Removal of members.
§ 42-9. Quorum; Meetings.
§ 42-9A. Annual report; publication of budget.
§ 42-10. Powers.
§ 42-11. Delegation of powers and duties.
§ 42-12. General regulations relative to members and employees.
§ 42-13. Six-year programs; project approval.
§ 42-14. Executive's approval of plans for proposed project.
§ 42-15. Conveyances, assignments and advances to Authority.
§ 42-16. Revenue bonds and other evidence of indebtedness.
§ 42-17. Resolution authorizing issuance of bonds.
§ 42-18. Application of bond proceeds; lien of bondholders.
§ 42-19. Credit of State and County not pledged by bonds; advances by County for deficiency in debt service requirements.
§ 42-20. Trust indentures.
§ 42-21. Rates, tolls, rents, and charges for use of projects; sinking fund.
§ 42-22. Remedies of bondholders.
§ 42-23. Contracts for construction.
§ 42-24. Deposit and audit of funds; publication of financial statement; inspection of records.
§ 42-25. Limitation or alteration of Authority's rights.
§ 42-26. Tax exemption; assessments.
§ 42-27. Investment in and deposit of Authority's bonds.
§ 42-28. Projects subject to planning, subdivision, and zoning laws.
§ 42-29. Authority to comply with building permit and other regulations.
§ 42-30. Relocation of public utilities necessitated by project construction.
§ 42-31. Acquisition of property; incumberance of property.
§ 42-32. Authority earnings.
§ 42-33. Dissolution.
§ 42-34. Constituted Authority.
§ 42-34A. Airpark Community Advisory Committee.
Notes
| [Note] | *Editor's note-Section 1 of 1992 L.M.C., ch. 35, repealed former ch. 42, §§ 42-1-42-31; and § 2 added a new chapter, §§ 42-1-42-34. Sections 4 and 5 read as follows: "Sec. 4. Effective Date. Under Chapter 601 of the 1992 Laws of Maryland, this Act is not effective until the effective date of the repeal of Section 42-1 through 42-31, inclusive, of Article 16 - Montgomery County, of the Public Local Laws of Maryland. It is intended that the Montgomery County Revenue Authority be a continuous body, without interruption, after the repeal by the General Assembly of the public local law first creating it. "Sec. 5. Authority to Enact. It is the intent of the Council that this Act be enacted in accordance with the authorization and requirements of Chapter 601 of the 1992 Laws of Maryland." Section 1 of 1992 Laws of Maryland, ch. 601, also repealed this ch. 42. Section 2 authorized the County to establish by local legislation a revenue authority in the County. Section 4 declared § 1 of the act effective July 1, 1993, subject to the enactment by January 1, 1993, of the local legislation that establishes a revenue authority, i.e., 1992 L.M.C., ch. 35, § 2. Changes made by ch. 558 of the 1992 Laws of Maryland are not reflected in this Code in light of the subsequent adoption of 1992 L.M.C., ch. 35. Cross reference-Finance, ch. 20. |