§21–420.

    (a)    Bonds are payable from the special fund required under § 21–412 of this subtitle.

    (b)    The governing body of a municipality that issues bonds under this part may:

        (1)    establish a sinking fund;

        (2)    establish a debt service reserve fund;

        (3)    pledge other assets and revenues toward the payment of the principal of and interest on the bonds; or

        (4)    provide for municipal bond insurance or any other financial guaranty of the bonds.