2186

LAWS OF MARYLAND

Ch. 240

SERVED WITH AN ORDER OF THE SECRETARY, THROUGH ITS PROPER
OFFICIAL OR DEPARTMENT, SHALL PROCEED TO RAISE SUCH FUNDS AS
MAY BE NECESSARY TO COMPLY WITH THE ORDER WITHIN THE TIME
SPECIFIED.

(B) BONDS, STOCKS, OR NOTES.

IF APPROVED BY THE GOVERNOR AND ATTORNEY GENERAL, ANY
COUNTY, LEGALLY CONSTITUTED PUBLIC WATER, SEWERAGE OR
SANITARY DISTRICT, OR MUNICIPALITY MAY RAISE THESE FUNDS, OR
ANY PART OF THEM, BY ISSUING BONDS," STOCKS, OR NOTES WITHOUT
PRIOR LEGISLATIVE ENACTMENT, AND THE QUESTION OF ISSUANCE OF

THE BONDS, STOCKS, OR NOTES SHALL NOT BE REQUIRED TO BE

SUBMITTED TO A VOTE OF THE PEOPLE. THE MONEY MADE AVAILABLE
BY BONDS, STOCKS, OR NOTES SO ISSUED SHALL CONSTITUTE A
SANITARY FUND, AND SHALL BE USED FOR NO OTHER PURPOSE THAN
FOR CARRYING OUT THE ORDER OR ORDERS OF THE SECRETARY. AT
NO TIME SHALL THE TOTAL OUTSTANDING ISSUE OF THESE BONDS,
STOCKS, OR NOTES EXCEED 5 PERCENT OF THE TOTAL VALUE OF ALL
PROPERTY WITHIN THE LIMITS OF THE COUNTY, DISTRICT, OR
MUNICIPALITY, AS LISTED AND ASSESSED FOR TAXATION AT THE
TIME OF THE ISSUE. THE AMOUNT OF BOND, STOCK, OR NOTE ISSUE
ALLOWED BY THIS SECTION MAY BE IN ADDITION TO THE TOTAL
INDEBTEDNESS OTHERWISE PERMITTED BY LAW. NO PUBLIC MONEYS
SHALL BE EXPENDED BY THE STATE, ANY COUNTY, LEGALLY
CONSTITUTED PUBLIC WATER, SEWERAGE OR SANITARY DISTRICT FOR
ANY OF THE PURPOSES ENUMERATED IN THIS SUBTITLE, UNLESS THE
EXPENDITURE AND THE AMOUNT THEREOF HAS BEEN APPROVED BY THE
SECRETARY. THESE BONDS, STOCKS, OR NOTES SHALL BE FOREVER
EXEMPT FROM STATE, COUNTY, OR MUNICIPAL TAXATION. THEY
SHALL BE A LIEN UPON ALL PROPERTY IN THE JURISDICTION
ISSUING THEM. BONDS, STOCKS, OR NOTES ISSUED PURSUANT TO
AUTHORITY OF THIS SECTION SHALL BE PAYABLE IN THE SAME
MANNER AS BONDS, ISSUED PURSUANT TO THE PROVISIONS OF PART
II OF SUBTITLE 7 OF THIS TITLE.

REVISOR'S NOTE: This section formerly appeared as
Article 43, § 395.

The only changes are in style.

9-215. SUBDIVISIONS.

(A)  IN GENERAL.

BEFORE LAND PLATTED FOR SUBDIVISIONS IS OFFERED FOR
SALE OR DEVELOPMENT BY ANY CORPORATION, COMPANY, OR PERSON,
AND BEFORE ANY PERMANENT BUILDING IS ERECTED ON THAT LAND,
THERE SHALL BE FILED WITH THE DEPARTMENT A PLAT OF THE
SUBDIVISION, TOGETHER WITH A STATEMENT AS TO THE METHODS
PROPOSED FOR SUPPLYING THE SUBDIVISION WITH WATER AND
SEWERAGE SERVICE, CONSISTENT WITH SUBTITLE 5 OF THIS TITLE,
AND ANY OTHER INFORMATION THE DEPARTMENT REQUIRES.

(B)  ACTIONS BY DEPARTMENT.