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Section 22-112 - Bond Payment — Maryland Law | CourtGPT
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  7. Subtitle 1 - General Obligation Bonds and Notes/
  8. Section 22-112 - Bond Payment
Maryland Legal Code

Section 22-112 - Bond Payment

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The amount of water service charges and sewer usage charges collected each year for the payment of principal and interest due on outstanding bonds shall be deducted from the amount that the Commission has determined is necessary to be raised by an ad valorem tax on certification to the county councils of Montgomery County and Prince George’s County.