30-A §2179. Debt service of county

Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

Subpart 2: ORGANIZATION AND INTERLOCAL COOPERATION HEADING: PL 1987, C. 737, PT. A, §2 (NEW)

Chapter 113: CONSOLIDATION, SECESSION AND ANNEXATION HEADING: PL 1995, C. 377, §1 (RPR)

Subchapter 3: SECESSION BY MUNICIPALITY FROM COUNTY

§2179. Debt service of county

The municipality seceding under this subchapter must continue to pay the municipality's share of the debt service to the county from which the municipality is seceding. The time period for which the amount of debt service can be paid must be agreed upon between the municipality seceding and the county from which the municipality is seceding. Payment may not extend longer than the time in which the voters authorized the debt to be borne. [2007, c. 401, §1 (NEW).]

SECTION HISTORY

2007, c. 401, §1 (NEW).