J. MILLARD TAWES, Governor                      621

(b)   The proceeds of the bonds of each issue shall be used solely
for the payment of the cost of the dormitory or dormitories for
which such bonds shall have been issued and shall be disbursed in
such manner and under such restrictions, if any, as the University
of Maryland may provide in the trust agreement hereinafter men-
tioned securing the same. If the proceeds of the bonds of any issue,
by error of estimates or otherwise, shall be less than such cost,
additional bonds without WITHIN THE limitation HEREIN CON-
TAINED as to the aggregate principal amount thereof may in like
manner be issued to provide the amount of such deficit, and, unless
otherwise provided 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. If the proceeds of the bonds of any issue shall exceed
the cost of the dormitory or dormitories for which the same shall
have been issued, the surplus shall be deposited to the credit of the
sinking fund for such bonds.

(c)   Prior to the preparation of definitive bonds, said University
may, under like restrictions, issue interim receipts or temporary
bonds, with or without coupons, exchangeable for definitive bonds
when such bonds shall have been executed and are available for
delivery. Said University may also provide for the replacement of
any bonds which shall become mutilated or shall be destroyed or
lost.

(d)   Bonds may be issued under the provisions of Sections 259K—
259T, inclusive, of this subtitle without obtaining the consent of any
department, division, commission, board, bureau, or agency of the
State, and without any other proceedings or the happening of any
other conditions or things than those proceedings, conditions or things
which are specifically required by the provisions of Sections 259K—
259T, inclusive, of this subtitle. The provisions of Sections 9—11,
inclusive, of Article 31 of the Annotated Code of Maryland (1957
Edition), and any amendments thereto, shall not apply to revenue
bonds issued under the provisions of Sections 259K—259T, inclusive,
of this subtitle.

(e)   Bonds issued under the provisions of Sections 259K—259T,
inclusive, of this subtitle shall not be deemed to constitute a debt of
the State or of any political subdivision thereof or a pledge of the
faith and credit of the State or any such political subdivision, but,
SUBJECT TO THE PROVISIONS OF SUBSECTION (F) OF THIS
SECTION, such bonds shall be payable solely from the funds herein
provided therefor from revenues of dormitories. All such bonds shall
contain on the face thereof a statement to the effect that neither the
University nor the State nor any political subdivision thereof shall
be obligated to pay the same or the interest thereon except from
revenues of dormitories, and a statement to the effect that neither
the faith and credit nor the taxing power of the State or any political
subdivision thereof is pledged to the payment of or the interest on
such bonds.

(F) THE SAID UNIVERSITY OF MARYLAND MAY IN-
CREASE FROM TIME TO TIME, FEES, RENTS AND CHARGES
FOR THE USE OF ANY EXISTING HOUSING UNIT OR EXIST-
ING HOUSING UNITS UNDER ITS DIRECTION AND CON-
TROL AND MAY DESIGNATE AND PLEDGE ALL OR ANY