754                              LAWS OF MARYLAND                       CH. 451

(c)  Disposition of proceeds.

The proceeds of each series issued under this section shall be paid
to the trustee under the trust agreement securing the bonds and
shall be disbursed in such manner and under such restrictions, if
any, as provided in the trust agreement.

(d)  Not general obligations.

Revenue bonds issued under this section 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 of any such po-
litical subdivision, but the bonds shall be payable solely from the
funds herein provided therefor from revenues of the projects, and,
if the trustee under the trust agreement securing such bonds holds
any additional security for the payment of the same, from the pro-
ceeds of the security. All revenue bonds shall contain on the face
thereof a statement to the effect that neither the Authority nor the
State nor any political subdivision thereof is obligated to pay the
same or the interest thereon except from revenues and, if the trustee
under the trust agreement securing the bonds holds other security
for the payment of the same or the interest thereon, a statement to
the effect that neither the Authority nor the State nor any political
subdivision thereof is obligated to pay the same or the interest
thereon except from revenues and from the proceeds of such se-
curity 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 the principal of or the interest on the
bonds.

(e)  Deficiency or excess in proceeds.

If the proceeds of the revenue bonds of any series issued under
this section, by reason of increased construction costs or error in
estimates or otherwise, are less than the amount required for the
purpose for which the bonds are authorized additional bonds may
be issued in like manner to provide the amount of the deficiency and
shall be deemed to be of the same issue and entitled to payment
from the same fund without preference or priority of the bonds
first issued. If the proceeds of the bonds exceed the amount so re-
quired, the excess shall be deposited to the credit of the sinking
fund for the bonds or, if so provided in the trust agreement secur-
ing the bonds, may be applied to the cost of any additional airport
facility.

11. Provisions applicable to revenue bonds.

(a) Determination of form, date, denomination and place of pay-
ment; redemption before maturity.

The Authority shall determine the form of the bonds, of each series
issued under this section or of Section 17 of this Article, including
any interest coupons to be attached thereto, the date of the bonds,
the denomination or denominations of the bonds, and the place or
places of payment of principal and interest, which may be at any
bank or trust company within or without the State of Maryland. The
bonds of each series may be redeemable before their maturity or
maturities, at the option of the Authority, at such price or prices
and under such terms and conditions as fixed by the Authority prior
to the issuance of the bonds.