§ 13–1019
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 13-1019 (2026)
Title 13. State-Operated Financial Programs
Subtitle 10. Canal Place Preservation and Development Authority
§ 13–1019LinkCopy Citation
The bonds of any issue shall be payable solely from the property or receipts of the Authority, including, without limitation:
(1)
Fees, charges, or other revenues payable to the Authority;
(2)
Payments by financial institutions, insurance companies, or others pursuant to letters or lines of credit, policies of insurance, or purchase agreements;
(3)
Investment earnings from funds or accounts maintained pursuant to a bond resolution or trust agreement;
(4)
Proceeds of refunding bonds; and
(5)
Any other source authorized by law.