(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.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.