§ 10–629

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 10-629 (2026)

Title 10. Statewide Development Resources and Revenue Authorities

Subtitle 6. Maryland Stadium Authority

(a)

The Authority shall pay the bonds issued in accordance with this part only from the property or receipts of the Authority.

(b)

Property and receipts of the Authority include:

(1)

taxes, fees, charges, or other revenues payable to the Authority;

(2)

payments in accordance with letters of credit, lines of credit, insurance policies, or purchase agreements;

(3)

investment earnings from funds or accounts maintained in accordance with a bond resolution or trust agreement;