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    • Legislation USA
    • Maryland Statutes
    • Transportation
    • Title 3 - Financing by Department
    • Subtitle 3 - County Transportation Bonds
    • Section 3-309 - Bonds Are Departmental Debt

    Maryland Statutes
    Subtitle 3 - County Transportation Bonds
    Section 3-309 - Bonds Are Departmental Debt

    Bonds issued under this subtitle are the obligations of the Department and may not be considered to constitute a debt of the county for the purpose of determining its debt limitations.

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    Structure Maryland Statutes

    Maryland Statutes

    Transportation

    Title 3 - Financing by Department

    Subtitle 3 - County Transportation Bonds

    Section 3-301 - Definitions

    Section 3-302 - Purposes of Subtitle

    Section 3-303 - Bonds Authorized

    Section 3-304 - Participation of Counties

    Section 3-305 - Determination of Amount; Subsequent Procedure

    Section 3-306 - Limitations on Issuance

    Section 3-307 - Agreement Between Department and County

    Section 3-308 - Extraordinary Withholding by Comptroller

    Section 3-309 - Bonds Are Departmental Debt

    Section 3-310 - Provisions for Payment of Bonds

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