(a) A bond or note issued under this part:
- (1) is not a debt of and does not pledge the faith, credit, or taxing power of the State, the Administration, or a political subdivision; but
- (2) is payable only from the revenues and property provided for in this subtitle.
- (b) Each bond or note shall state on its face the provisions of subsection (a) of this section.
Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005.