Bonds, the borrowing that they represent, the project being financed, or the guarantee of the county or municipality with respect to payment of the principal, interest, and redemption premium are not subject to any referendum requirements under a county charter, municipal charter, or local law.
Md. Code Ann., Loc. Gov't § 18-118
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.