Maryland Code § TR-3-503

Section TR-3-503
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(a) Subject to the limitations of this subtitle, the Department from time to
time may:
(1) Issue revenue bonds on behalf of and for the benefit of
participating counties;
(2) Loan the proceeds of those bonds to the participating counties for
use in paying the counties' cost of transportation facilities; and
(3) Provide for the payment of the principal of and interest on the
bonds solely from the revenues pledged for that purpose by the counties participating
in an issue of bonds under this subtitle.
(b) The bonds shall be known as "County Transportation Revenue Bonds".
(c) Bonds issued under this subtitle are not "County Transportation Bonds"
under Subtitle 3 of this title.

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