Maryland Environment Section 9-932

      By resolution of its board of directors, an authority may:

            (1)      Issue bonds of the authority;

            (2)      Secure the payment of the bonds by pledge or deed of trust of all or any part of the revenue of the authority;

            (3)      Either before or after the issuance of bonds, make any agreement that the authority considers advisable with:

                  (i)      A purchaser or holder of the bonds; or

                  (ii)      Any other person in connection with the bonds; and

            (4)      Provide generally for:

                  (i)      The security for the bonds; and

                  (ii)      The rights of the holders of the bonds.