Statutes > Maryland Statutes > TRANSPORTATION > TITLE 3 - FINANCING BY DEPARTMENT > Subtitle 3 - County Transportation Bonds > Section 3-309 - Bonds are departmental debt.

Section 3-309 - Bonds are departmental debt.

§ 3-309. Bonds are departmental debt.
  

Bonds issued under this subtitle are the obligations of the Department and may not be considered to constitute a debt of the county for the purpose of determining its debt limitations. 
 

[An. Code 1957, art. 89B, § 211G-1; 1977, ch. 13, § 2.]