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Maryland Code, Housing and Community Development § 4-251

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A bond or note issued under this part:

(1) is not a debt of and does not pledge the faith, credit, or taxing power of the State, the Administration, or a political subdivision; but

(2) is payable only from the revenues and property provided for in this subtitle.

(b) Each bond or note shall state on its face the provisions of subsection (a) of this section.

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Cite this article: FindLaw.com - Maryland Code, Housing and Community Development § 4-251 - last updated January 01, 2025 | https://codes.findlaw.com/md/housing-and-community-development/md-code-hous-and-cmty-dev-sect-4-251/

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