Maryland Code § ED-24-517

Section ED-24-517
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(a) The bonds of any issue shall be payable solely from the property or
receipts of the Commission, including:
(1) Fees, charges, rents, or other revenues payable to the
Commission;
(2) Payments by financial institutions, insurance companies, or
others pursuant to letters or lines of credit, policies of insurance, or purchase
agreements;
(3) Investment earnings from funds or accounts maintained
pursuant to a bond resolution or trust agreement;
(4) Proceeds of refunding bonds; and
(5) Any other source authorized by law.
(b) (1) Bonds issued under the provisions of this title are not a debt of,
and do not pledge the faith, credit, or taxing power of the State.
(2) The bonds shall contain on their face a statement that the bonds
are not a debt of, and do not pledge the faith, credit, or taxing power of the State, the
Commission, or any political subdivision, but are payable solely from the revenues
and property provided for therein.
(3) Subject to the approval of the Board of Public Works, the
Commission may receive and the State may lease to or lease back to the Commission
any property within the enclave of Historic St. Mary's City and held in the name of
the State or any other agency of the State in order to facilitate the issuance of revenue
bonds by the Commission under this subtitle.

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