State Codes and Statutes
Statutes > Maryland > Transportation > Title-4 > Subtitle-3 > 4-301§ 4-301. General power to borrow money and issue evidences of obligation.
By one or more resolutions, the Authority may:
(1) Finance the cost of transportation facilities projects;
(2) Borrow money from time to time for that purpose; and
(3) Evidence the borrowing by the issuance and sale of revenue bonds, notes, or other evidences of obligation on the terms, conditions, and limitations contained in this subtitle.
[An. Code 1957, art. 94A, § 2; 1977, ch. 13, § 2.]
