(a) No member of the Authority nor any person executing the bonds shall be liable personally on the bonds or subject to any personal liability by reason of the issuance of the bonds.
(b) Except as otherwise provided by an applicable resolution or trust agreement, a holder of bonds issued under this subtitle, or a trustee acting under a trust agreement entered into under this subtitle, may, by any suitable form of legal proceedings, protect and enforce any rights granted under the laws of this State or by any applicable resolution or trust agreement.
Structure Maryland Statutes
Title 13 - State-Operated Financial Programs
Subtitle 10 - Canal Place Preservation and Development Authority
Section 13-1019 - Bonds Payable From Receipts of Authority
Section 13-1020 - Requirements of Bonds Issued
Section 13-1021 - Resolutions or Trust Agreements
Section 13-1022 - Pledge of Revenues as Security for Issue of Bonds
Section 13-1023 - Liability; Enforcement of Rights
Section 13-1024 - Refunding Bonds
Section 13-1025 - Agreements to Enhance Marketability or to Provide Security; Investments in Bonds