Maryland Code, TRANSPORTATION 4-301
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code, TRANSPORTATION 4-301
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
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.