(a) A bond is not a debt or a pledge of the faith and credit of the State or a political subdivision, and is payable solely from development or project revenues as provided in accordance with this subtitle.
(b) Each bond shall state on its face that the Authority, the State, and a political subdivision of the State are not obliged to pay the principal of or interest on the bond except from the development or project revenues pledged to the payment of the bond.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 10 - Statewide Development Resources and Revenue Authorities
Subtitle 2 - Maryland Food Center Authority
Section 10-202 - Construction and Purpose of Subtitle
Section 10-203 - Scope of Subtitle
Section 10-204 - Legislative Intent
Section 10-206 - Staff; Agents
Section 10-207 - Applicability of Laws
Section 10-208 - Money of Authority
Section 10-209 - Powers and Duties -- in General
Section 10-210 - Powers and Duties -- Rules and Regulations
Section 10-211 - Powers and Duties -- Property
Section 10-212 - Developments and Projects -- in General
Section 10-213 - Developments and Projects -- Wholesale Food Dealers and Tenants
Section 10-214 - Developments and Projects -- Rates and Charges
Section 10-215 - Developments and Projects -- Political Subdivision May Vacate
Section 10-216 - Developments and Projects -- Cleaning and Refuse
Section 10-217 - Financing Another
Section 10-218 - Bonds -- in General
Section 10-219 - Revenue Bonds -- Legal Investments
Section 10-220 - Bonds -- Liability; Faith and Credit
Section 10-221 - Bonds -- Trust Agreement
Section 10-222 - Bonds -- Proceeds; Sinking Fund
Section 10-223 - Bonds -- Combined Purposes
Section 10-224 - Bonds -- Enforcement of Rights and Duties