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MARYLAND STATUTES AND CODES

Section 3-114 - Source of payment of bonds.

§ 3-114. Source of payment of bonds.
 

Except as may otherwise be expressly provided by the Service, every issue of its bonds or notes shall be general obligations of the Service payable out of any revenues or other money of the Service subject only to any agreements with the holders of particular bonds or notes pledging any particular receipts or revenues. 
 

[An. Code 1957, art. 33B, § 13; 1973, 1st Sp. Sess., ch. 4, § 1; 1989, ch. 815; 1993, ch. 196, § 1.] 
 

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