(a) A bond issued under this subtitle and the interest on the bond are limited obligations of Cecil County. (b) Cecil County may pay the principal of and interest on a bond issued under this subtitle only from: (1) revenues derived from interest, mortgage insurance proceeds, casualty or special hazard insurance proceeds, other insurance proceeds, or condemnation proceeds; or (2) other revenues derived from or related to loans made under a program. (c) Bonds and interest coupons issued under this subtitle: (1) are not debts or charges against the general credit or taxing powers of Cecil County within the meaning of any constitutional or county code provision or statutory limitation; and (2) do not give rise to any pecuniary liability of the county. (d) On the advice of counsel, Cecil County may state on the face of a bond that the bond: (1) is issued under this subtitle; and (2) is not an indebtedness to which the faith and credit of the county is pledged.
Maryland Legal Code