§ 9-1-108. SAME—CREDIT OF COUNTY, STATE, ETC., NOT PLEDGED.

The revenue bonds, certificates, or other evidence of indebtedness issued under the provisions of this article are not a debt of the county or a pledge of the faith and credit of the county, the state, or a political subdivision. The revenue bonds, certificates, or other evidence of indebtedness shall be payable solely from the funds of the authority provided from revenues of the project or projects of the authority or from any other funds legally available for such purpose. All revenue bonds shall contain a statement on their face to the effect that the county is not obligated to pay the bonds or the interest. The issuance of the revenue bonds, certificates, or other evidence of indebtedness under the provisions of this article shall not directly, indirectly, or contingently obligate or empower the county to levy or pledge any form of taxation whatever or to make any appropriation for their payment. However, the foregoing limitations may not be construed to prohibit the county from leasing any project or facility or portion thereof from the authority, including any project or facility financed in whole or in part from the proceeds of the sale of such revenue bonds, certificates, or other evidence of indebtedness or to prohibit the county from making grants of money to the authority from the general funds of the county or from any other funds of the county legally available for such purposes, including the proceeds of general obligation bonds of the county duly authorized and issued for such purpose. (Laws of Md.(1982) ch. 579) (1988 Code, § 30-8) (Bill No. 48-02, § 1, 7-1-2004)