THEODORE R. MCKELDIN, GOVERNOR 675

for and for the payment of the principal of and the interest
on said bonds as may be provided for in the resolution
authorizing the issuance of such bonds or in the trust
agreement securing the same) shall be set aside at such
regular intervals as may be provided in such resolution
or such trust agreement in a sinking fund which is hereby
pledged to, and charged with, the payment of (1) the
interest upon such bonds as such interest shall fall due,

(2) the principal of such bonds as the same shall fall due,

(3) the necessary charges of paying agents for paying
principal and interest, and (4) the redemption price or
purchase price of bonds retired by call or purchase as pro-
vided in said resolution or trust agreement. The use and
disposition of moneys to the credit of such sinking fund
shall be subject to the provisions of the resolution authoriz-
ing the issuance of such bonds or of such trust agreement.
Notwithstanding any of the foregoing provisions of this
section, the University of Maryland may, by resolution
passed prior to the issuance of revenue bonds under the
provisions of this sub-title or in the trust agreement secur-
ing such bonds, covenant to pay all or any part of the cost
of maintaining, repairing and operating any project con-
structed under the provisions of this sub-title and, inas-
much as each such project shall at all times belong to the
State, such covenant shall have the force of contract be-
tween the State UNIVERSITY and the holders of the reve-
nue bonds or revenue refunding bonds issued on account
of such project.

235F. (a) All moneys received by [the Authority]
said University in pursuance of the authority of this sub-
title, either as proceeds from the sale of bonds or from
revenues, shall be deemed to be trust funds to be held and
applied solely as provided in this sub-title.

(b) Any holder of bonds issued under the provisions of
this sub-title or any of the coupons appertaining thereto
and the trustee under any trust agreement, except to the
extent the rights herein given may be restricted by such
trust agreement or by the resolution authorizing the issu-
ance of such bonds, may, either at law or in equity, by suit,
action, mandamus or other proceedings, protect and en-
force any and all rights under the laws of the State or
granted hereunder or under such trust agreement or reso-
lution, and may enforce and compel the performance of
all duties required by this sub-title or by such trust agree-
ment or resolution to be performed by the [Authority]
University of Maryland or any officer thereof, including
the fixing, charging and collecting of fees and charges.