Maryland § 9-697
Full text of Maryland Maryland Code § 9-697, with citation guidance and answers to common questions.
§ 9-697.
(a) Each person who has a duty to act in the payment of principal and interest on bonds issued under this subtitle shall perform promptly the act that is required.
(b) (1) Before a series of bonds is issued under this subtitle, the governing body of each member county that will be affected by the series shall advance to the district not more than $25,000.
(2) From the first proceeds available from the sale of the bonds, the district shall repay the advances made by the member counties.
(c) Unless the approval is required under this subtitle, a district is not required to obtain the approval of any entity before it issues bonds.
(d) The provisions of §§ 19–205 and 19–206 of the Local Government Article do not apply to bonds issued under this subtitle.
Frequently Asked Questions About Maryland § 9-697
What does Maryland Code § 9-697 cover?
Section 9-697 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 § 9-697?
A common citation format is "Maryland Code § 9-697" (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 § 9-697 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.