The purpose of this subtitle is to authorize the Department and the counties to establish a financing program, as an alternative to Subtitle 3 of this title, that will enable the counties to finance the cost of transportation facilities without the issuance of State or departmental debt.
Structure Maryland Statutes
Title 3 - Financing by Department
Subtitle 5 - County Transportation Revenue Bonds
Section 3-502 - Purpose of Subtitle
Section 3-503 - Bonds Authorized
Section 3-505 - Bonds Are Investment Securities
Section 3-506 - Exemption From 8-206 and 8-208 of State Finance and Procurement Article
Section 3-507 - Interim Certificates and Temporary Bonds
Section 3-508 - Bond Anticipation Notes
Section 3-509 - Exemption From Taxation
Section 3-510 - Bonds Authorized by Trust Agreements
Section 3-511 - Consent of Instrumentality, Agency, or Unit of State Not Required
Section 3-512 - Provisions for Payment of Bonds
Section 3-514 - Participation of Counties
Section 3-515 - Determination of Amount; Subsequent Procedure
Section 3-516 - Requirements for Participation of Counties
Section 3-517 - Agreement Between Department and County
Section 3-518 - Borrowing of Proceeds; Agreements to Participate in Bond Issue; Payment Obligations