Md. Code Ann., Transp. § 3-512
Payment of bonds
Added by Acts 1993, c. 539.State of Maryland
- (a) The bonds shall be payable solely from the revenues received by the Department from the participating counties for that purpose.
- (b) The revenues of the State and the Department are not pledged, and may not be used, to pay the principal of or interest on the bonds.
- (c) The Transportation Trust Fund established by § 3-216 of this title is not pledged, and may not be used, to pay the principal of or interest on the bonds.
Added by Acts 1993, c. 539.