Home Table of Contents

§ 4-301. Power of Authority to finance projects and borrow funds

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 4. Revenue Facilities (Refs & Annos)
Subtitle 3. Financing of Projects (Refs & Annos)
MD Code, Transportation, § 4-301
§ 4-301. Power of Authority to finance projects and borrow funds
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.

Credits

Added by Acts 1977, c. 13, § 2, eff. July 1, 1977.
Formerly Art. 94A, § 2.
MD Code, Transportation, § 4-301, MD TRANS § 4-301
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document