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<section article="gec" article_name="Economic Development" number="10-631" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="6" subtitle_name="Maryland Stadium Authority">
  <text>A resolution of the Authority or a trust agreement between the Authority and a corporate trustee may contain provisions that shall be part of the contract between the Authority and the holders of the bonds as to:</text>
  <level label="1">
    <level label="i">
      <text>the pledging, assigning, or directing the use, investment, or disposition of receipts of the Authority or proceeds or benefits of any contract; and</text>
    </level>
    <level label="ii">
      <text>the conveying or otherwise securing of any property or property rights;</text>
    </level>
  </level>
  <level label="2">
    <text>debt service reserves, capitalized interest accounts, cost of issuance accounts, sinking funds, and the setting aside of deposits, and the regulation, investment, and disposition of the funds specified in this item;</text>
  </level>
  <level label="3">
    <text>limitations on the use and investment of bond proceeds;</text>
  </level>
  <level label="4">
    <text>restrictions on the investment of revenues or bond proceeds to government obligations the principal and interest of which are unconditionally guaranteed by the United States of America;</text>
  </level>
  <level label="5">
    <text>limitations and conditions relating to the issuance of additional bonds, which may rank on a parity with, or be subordinate or superior to, other bonds;</text>
  </level>
  <level label="6">
    <text>the refunding or refinancing of outstanding bonds;</text>
  </level>
  <level label="7">
    <level label="i">
      <text>the procedures by which the terms of a contract with bondholders may be amended; and</text>
    </level>
    <level label="ii">
      <text>the amount of bonds the holders of which are needed to consent to an amendment under item (i) of this item and the manner of that consent;</text>
    </level>
  </level>
  <level label="8">
    <text>describing Authority defaults and the rights and remedies of bondholders;</text>
  </level>
  <level label="9">
    <text>providing for guarantees, pledges of property, letters of credit, or other security, or insurance for the benefit of bondholders; and</text>
  </level>
  <level label="10">
    <text>any other matter relating to the bonds that the Authority determines appropriate.</text>
  </level>
</section>
