1342                            LAWS OF MARYLAND                     [CH. 567

fees, rents and charges for the use of any existing housing unit or
existing housing units at any of the public colleges under the direc-
tion and control of said board of trustees and may designate and
pledge all or any part of such increase in such fees, rents, charges
and other revenues from any such existing housing unit or existing
housing units, as additional security for the bonds authorized by
Sections 165A-165J, inclusive, of this subtitle. The fees, rents,
charges and revenues so designated and pledged as additional secur-
ity shall be subject to any pledge or assignment provided in any
trust agreement entered into pursuant to Section 165D of this sub-
title and shall be treated in all respects the same as provided in
Sections 165A-165J, inclusive, of this subtitle for 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 165A-165J, inclusive, of this subtitle.]

(f) Said board of trustees is also authorized and empowered to
provide, by resolution, from time to time, for the issuance and sale
of its bond anticipation notes, the principal of and interest on said
notes to be made payable to the bearer or registered holder thereof
out of the first proceeds of sale of any series of bonds issued under
the provisions of Sections 165A-165J, inclusive, of this subtitle. Said
resolution may provide for the issuance of said bond anticipation notes
in series as funds are required and may also provide for the renewal of
said notes at maturity with or without resale. All such notes shall be
sold and executed in the same manner as provided for bonds issued
pursuant to this subtitle. Except where the provisions of this subtitle
would be inapplicable to bond anticipation notes, the term "bonds"
used in this subtitle shall include bond anticipation notes, including
(without in any way limiting the foregoing) the provisions of
Section 165G pertaining to the exemption from taxation by the
State of Maryland and political subdivisions in such State.

165D.

In the discretion of said board of trustees any bonds issued under
the provisions of Sections 165A-165J, inclusive, of this subtitle [,]
may be secured by a trust agreement by and between said board of
trustees and a corporate trustee, which may be any trust company
or bank having the powers of a trust company within or without the
State. Any such trust agreement may pledge or assign all or any
part of the income, fees, rents, charges and other revenues to be
received from the use of [the housing unit or housing units (includ-
ing the related facilities) in connection with which the bonds secured
by such trust agreement shall be issued,] any auxiliary facility but
shall not convey or mortgage any [housing unit] auxiliary facility
or any part thereof. Any such trust agreement or any resolution
providing for the is