1156                            LAWS OF MARYLAND                      [CH. 538

(b)   The proceeds of the bonds of each issue shall be used solely
for the payment of the cost of the housing unit or housing units
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 resolution authorizing the issuance
of such bonds or in the trust agreement hereinafter mentioned
securing the same. If the proceeds of the bonds of any issue, by
error of estimates or otherwise, when combined with other funds
made available by the University for the payment of the cost of
said housing unit or housing units, shall be less than such cost,
additional bonds without limitation 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 resolution
authorizing the issuance of such bonds 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. If the proceeds of the bonds of any
issue shall exceed the cost of the housing unit or housing units 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 259U-
259AD, 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
259U-259AD, 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 259U-259AD,
inclusive, of this subtitle.

(e)  Any bonds issued under the authority of Sections 259U-259AD,
inclusive, of this subtitle shall not create or constitute any indebted-
ness or obligation of the State of Maryland or of any political sub-
division thereof, except said University, either legal, equitable, moral
or otherwise, and the bonds shall so state on their face; nor shall
such bonds constitute a debt or obligation contracted by the General
Assembly or pledge the faith and credit of the State within the
meaning of Section 34 of Article III of the Constitution of the State.
Subject to the provisions of subsection (f), only fees, rents, charges
and revenues received from the use of the housing unit or housing
units constructed from the proceeds of the bonds issued under the
provisions of Sections 259U-259AD, inclusive, of this subtitle shall
be used or appropriated for the payment of the interest on or the
principal of such bonds; provided, however, that all or any part of
the fees, rents, charges and revenues received from the use of the
related facilities in the housing unit or housing units constructed
from the proceeds of the bonds issued under the provisions of
Sections 259U-259AD, inclusive, of this subtitle, may at the option