# Transportation (GTR)

## Title 3. Financing by Department

### Subtitle 2. Consolidated Transportation Bonds

#### Section 3-201

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.

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Md. Code Ann., Transp. (as displayed at mgaleg.maryland.gov, October 16, 2026)