THEODORE R. MCKELDIN, GOVERNOR 1307

SIMILAR QUESTION AT A REFERENDUM AT ANY
TIME IN THE FUTURE.

The proceeds of such bonds shall be used solely for the
payment of the cost of the project or projects on account
of which such bonds are issued and shall be disbursed in
such manner and under such restrictions, if any, as the
Authority may provide in the authorizing resolution or in
the trust agreement hereafter mentioned securing the
same. If the proceeds of such bonds, by error of estimates
or otherwise, shall be less than such cost, additional bonds
may in like manner be issued to provide the amount of
such deficit, and, unless otherwise provided in the author-
izing resolution or in the trust agreement securing the
same, shall be deemed to be of the same issue and shall be
entitled to payment from the same fund without preference
or priority of the bonds first issued for the same purpose.
If the proceeds of the bonds of any issue shall exceed the
amount required for the purpose for which such bonds
shall have been issued, the surplus shall be deposited to
the credit of the reserve account or sinking fund for such
bonds.

Prior to the preparation of definitive bonds, the Au-
thority may, under like restrictions, issue interim receipts
or temporary bonds, with or without coupons, exchange-
able for definitive bonds when such bonds have been exe-
cuted and are available for delivery. The Authority may
also provide for the replacement of any bonds which shall
become mutilated or be destroyed or lost. Bonds may be
issued under the provisions of this sub-title without obtain-
ing the approval or consent of any department, division,
commission, board, bureau or agency of the State of
Maryland, and without any other proceeding or the hap-
pening of any other condition or thing than those proceed-
ings, conditions or things which are specifically required by
this sub-title. The provisions of Sections 34 to 36, inclu-
sive, of Article 31 of the Annotated Code of Maryland,
1939 Edition, and any amendments thereto, shall not apply
to revenue bonds or to revenue refunding bonds issued
under the provisions of this sub-title.

The resolution providing for the issuance of revenue
bonds of the Authority, and any trust agreement securing
such bonds, may contain such limitations upon the issu-
ance of additional revenue bonds as the Authority may
deem proper and such additional revenue bonds shall be
issued under such restrictions and limitations as may be
prescribed by such resolution or trust agreement.