§ 3–201
Statutes in effect as of October 1, 2026.
Md. Code Ann., Transp. § 3-201 (2026)
Title 3. Financing by Department
Subtitle 2. Consolidated Transportation Bonds
§ 3–201LinkCopy Citation
By one or more resolutions of the Secretary, the Department may:
(1)
Finance the cost of transportation facilities;
(2)
Borrow money from time to time for that purpose; and
(3)
Evidence the borrowing by the issuance and sale of bonds, notes, or other evidences of obligation on the terms, conditions, and limitations contained in this subtitle.