§ 9-936. Limitations on issuance of additional bonds

MD Env Code § 9-936 (2019) (N/A)
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(a)    If an authority considers it necessary, the authority may include any limitation or restriction on the issuance of additional bonds:

(1)    In the resolution that provides for the issuance of bonds of the authority; or

(2)    In any trust agreement that secures the bonds.

(b)    If a resolution or trust agreement places any limitation or restriction on the issuance of additional bonds, the authority shall honor the limitation or restriction when the authority issues additional bonds.