Md. Code, Transportation § 4-320.1

Md. Code, Transportation § 4-320.1
in effect
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§4–320.1. (a) The Authority may issue bond anticipation notes secured by a pledge of a line of credit extended to the State under the federal Transportation Infrastructure Finance and Innovation Act. (b) Notes issued under this section shall have a maturity date of up to 3 years after the date of issue. (c) A pledge of a line of credit as authorized under this section does not constitute the pledge of future federal revenues, and notes issued under this section are not subject to § 3–601(d) of this article or § 4–320 of this subtitle.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtr&section=4-320.1&enactments=falseFetched: 10/17/2026

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