2013 Maryland Code
§ 4-301 - General power to borrow money and issue evidences of obligation

MD Transp Code § 4-301 (2013) What's This?


By one or more resolutions, the Authority may:

(1) Finance the cost of transportation facilities projects;

(2) Borrow money from time to time for that purpose; and

(3) Evidence the borrowing by the issuance and sale of revenue bonds, notes, or other evidences of obligation on the terms, conditions, and limitations contained in this subtitle.

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