Maryland § 16-205
Full text of Maryland Maryland Code § 16-205, with citation guidance and answers to common questions.
§ 16-205.
(a) The local law implementing this subtitle shall provide procedures for review and approval of the issuance of bonds guaranteed by the county government.
(b) (1) The procedures shall include requirements for the County Executive to:
(i) comment on the feasibility of the proposed bond guarantee and each housing project contemplated by the proposed bond guarantee; and
(ii) recommend whether the proposed bond guarantee should be approved and any terms and conditions for approval.
(2) If the County Executive recommends approval, the recommendation shall include a statement that the proposed housing project is fully self-supporting.
(3) (i) Except as provided in subparagraph (ii) of this paragraph, a recommendation by the County Executive to approve the proposed bond guarantee shall be supported by an acceptable independent feasibility study or studies that the Montgomery Commission submits.
(ii) The County Executive may waive the feasibility study requirement for a housing project financed, insured, or assisted by the State or the federal government.
Frequently Asked Questions About Maryland § 16-205
What does Maryland Code § 16-205 cover?
Section 16-205 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 16-205?
A common citation format is "Maryland Code § 16-205" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 16-205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.