Current with changes from the 2024 Legislative Session
Section 4-251 - Bonds and notes not State debts(a) A bond or note issued under this part: (1) is not a debt of and does not pledge the faith, credit, or taxing power of the State, the Administration, or a political subdivision; but(2) is payable only from the revenues and property provided for in this subtitle.(b) Each bond or note shall state on its face the provisions of subsection (a) of this section.