Ch. 815

LAWS OF MARYLAND

(d)  In computing the amount of any debt service reserve
fund for the purposes of this section, securities in which all or
a portion of that fund are invested shall be valued at par, or if
purchased at less than par, at their cost to the Service.

(e)  For the purpose of this section, the principal of bonds
shall become due at the stated date of maturity or on an earlier
date as the bonds may be payable by operation of any applicable
sinking fund.]

[3-129.] 3-127.

(a)  Except as otherwise provided by this subtitle, and
subject to the provisions of § l-104(g) of this article, the
Service may adopt, formulate, revise, and enforce rules and
regulations necessary for the regulation of its internal affairs
and for the use and operation of its projects, and of any other
laws the administration of which is vested in the Service. A rule
or regulation concerning the use or operation of a project may
not conflict with any rule, regulation, permit, or hauler
certificate of the State Department of the Environment. The
Service may limit or regulate water supply or liquid waste
service, refuse collection, disposal service, and storm and
surface water drainage service, in any area or to any premises
served by service projects, as the exigencies of the occasion and
the protection of its systems require. The Service may adopt
lawful regulations it deems necessary for the public's health and
safety, comfort, and convenience in the construction, operation,
maintenance, expansion, relocation, replacement, renovation, and
repair of its water supply, wastewater purification and solid
waste disposal projects.

(b)  Rules and regulations shall be promulgated under the
provisions of the Administrative Procedure Act, except when
necessary for the immediate preservation of the public health and
safety and except for emergency provisions required to protect
service projects.

(c)  Any regulation adopted by the Service under this
section, and approved by the Secretary of Natural Resources, has
the effect of law.

[3-130.] 3-128.

(A) If the Service and a municipality or person fail to
reach agreement on rates, fees, or other charges to be exacted by
the Service, the Public Service Commission, on the petition of
either party to the disagreement, shall assume jurisdiction for
the purpose of arbitrating the disagreement. Its determination
shall be final and binding on all parties concerned, subject to
the right of any party to appeal the determination to the circuit
court of any county within which the municipality or person is
located, resides, or carries on business. In any appeal the

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