(a) A member of the Commission, or any person executing the bonds, is not 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
Division IV - Other Education Provisions
Title 24 - Miscellaneous Education Agencies
Subtitle 5 - Historic St. Mary's City Commission
Section 24-516 - Bonds and Obligations
Section 24-517 - Bonds Payable Solely From Revenues and Properties
Section 24-518 - Bond Issue; When Payable
Section 24-519 - Resolution or Trust Agreements
Section 24-520 - Pledge of Revenues as Security
Section 24-521 - Liability; Protection and Enforcement of Rights
Section 24-522 - Refunding Bonds