All money that is received by the Authority as proceeds from the sale of revenue bonds, notes, or other evidences of obligation under this subtitle and by way of rentals, rates, fees, tolls, and other charges and revenues derived from any transportation facilities project or combination of projects and that is designated by any authorizing resolution or trust agreement as security for the bonds, notes, or other evidences of obligation shall be deemed to be trust funds to be held and applied only as provided in this subtitle.
Structure Maryland Statutes
Subtitle 3 - Financing of Projects
Section 4-301 - General Power to Borrow Money and Issue Evidences of Obligation
Section 4-302 - Power to Issue Revenue Bonds and Determine Related Matters
Section 4-303 - Execution of Bonds
Section 4-304 - Bonds and Other Evidences of Obligation Are Investment Securities
Section 4-305 - Exemption From 8-206 and 8-208 of State Finance and Procurement Article
Section 4-306 - Other Approval Not Required; Exceptions
Section 4-307 - Additional Bonds
Section 4-308 - Revenue Refunding Bonds
Section 4-309 - Interim Certificates and Temporary Bonds
Section 4-310 - Bond Anticipation Notes
Section 4-311 - Trust Agreement Securing Bonds
Section 4-311.1 - Vehicle Parking Facility Financing
Section 4-312 - Charges for Transportation Facilities Projects
Section 4-312.1 - Elimination of Ramp Tolls on Kennedy Highway in Harford and Cecil Counties
Section 4-313 - Transportation Authority Fund
Section 4-314 - Construction of Subtitle
Section 4-316 - Remedies of Bondholder and Trustee
Section 4-317 - Bonds and Other Evidences of Obligation Are Legal Investments
Section 4-318 - Exemption From Taxation
Section 4-319 - Full Faith and Credit Not Pledged