J. MILLARD TAWES, GOVERNOR                               687

for investigations, engineering and architectural studies, opinions,
and compensation of employees and counsel which may be incurred
prior to the sale of its revenue bonds, provided, however, that such
advances shall be repaid out of the first proceeds of the sale of
revenue bonds by the Authority following any such advance [.] ; and
provided further that advances may be made in accordance with
Section 9, as amended, of this title.

9.     (Credit of State and County not pledged)

The revenue bonds, certificates or other evidences of indebtedness
issued under the provisions of this Act shall not be deemed to con-
stitute a debt of the County or a pledge of the faith and credit of
the County or OF the State of Maryland or any political sub-division
thereof, but such revenue bonds, certificates or other evidence of
indebtedness shall be payable [solely] from the funds of the Author-
ity provided from revenues of the project or projects of the Author-
ity. All such revenue bonds shall contain a statement on their face
to the effect that [Montgomery County is not obligated] the full
faith and credit of the County, State or political subdivision thereof
is not pledged to pay such bonds or the interest thereon. The issu-
ance of the revenue bonds, certificates or other evidence of indebted-
ness under the provisions of this Act shall not directly, indirectly or
contingently obligate Montgomery County to levy or pledge any
form of taxation whatever therefor or to [make] any appropria-
tion for their payment [.] , except that the County may, in its dis-
cretion, collaterally agree to provide sufficient monies from its
general funds to pay any deficiency in the debt service requirements
of such bonds for any year in which there is a deficit, provided, that
any such advance shall be repaid from the receipts, rentals or rev-
enues of the Authority in the next succeeding year in which such
receipts, rentals or revenues exceed debt service requirements and
operating expenses, and provided further, that any such advance
under any agreement or agreements shall not exceed, but shall be
limited and restricted to, a maximum payment by the County of
Twenty-five Thousand Dollars ($25,000.00) for any one year.

10.     (Trust Indenture)

The Authority is hereby authorized, in its discretion, to secure any
revenue bonds, certificates or other evidence of indebtedness issued
to provide funds for the purchase, acquisition, construction or im-
provement of any project or projects by a trust indenture by and
between the Authority and a corporate trustee, which may be any
trust company or bank having the powers of a trust company within
or outside the State. At any one time the Authority may, in its dis-
cretion, be a party to one or more of such trust indentures, if
revenue bonds have been issued to finance more than a single project
as defined in this Act. Such trust indenture or indentures may
pledge or assign all revenues to be received from any project or
projects, but shall not convey or mortgage the project or any part
thereof [.] unless authorization so to do shall have been expressly
given in writing by the County Council. Either the resolution pro-
viding for the issuance of revenue bonds or such trust indenture or
indentures may contain such provisions for protecting and enforcing
the rights and remedies of the bondholders as may be reasonable
and proper, not in violation of law, including covenants setting forth