clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1969
Volume 692, Page 1345   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

MARVIN MANDEL, Governor                       1345)

165F.

(a)    All moneys received by said board of trustees as proceeds
from the sale of bonds authorized by the provisions of Sections
165A-165J, inclusive, of this subtitle and all moneys received by said
board of trustees by way of those fees, rents, charges or other reve-
nues, or portion thereof, from [the housing unit or housing units
constructed from the proceeds of said bonds,] an auxiliary facility
which are designated by such resolution or such trust agreement as
security for such bonds
shall be deemed to be trust funds to be held
and applied solely as provided by the provisions of Sections 165A-
165J, inclusive, of this subtitle. [In the event that said board of
trustees, by resolution or pursuant to the terms of a trust agreement,
shall elect to pledge or assign the income, fees, rents, charges and
other revenues to be received from any related facility, all such
moneys so received shall likewise be deemed to be trust funds to be
held and applied solely as provided by the provisions of Sections
165A-165J, inclusive, of this subtitle.]

(b)    Any holder of bonds issued under the provisions of Sections
165A-165J, inclusive, of this subtitle, or any of the coupons apper-
taining thereto, and the trustee under any trust agreement, except
to the extent the rights herein given may be restricted by such trust
agreement or by the resolution authorizing the issuance of such
bonds, may, either at law or in equity, by suit, action, mandamus or
other proceedings, protect and enforce any and all rights under the
laws of the State or granted hereunder, or under such trust agree-
ment or such resolution, and may enforce and compel the perform-
ance of all duties required by the provisions of Sections 165A-165J,
inclusive, of this subtitle, or by such trust agreement or such resolu-
tion to be performed by the board of trustees or any officer thereof,
including the fixing, charging and collecting of fees, rents and
charges.

165-I-A.

All [housing units and related] auxiliary facilities constructed
with funds provided by Sections 165A-165J, inclusive, of this sub-
title shall be subject to the requirements of Section 21 of Article
78A of [this Code] the Annotated Code of Maryland (1957 Edition,
as amended from time to time) requiring approval of plans and su-
pervision of work on public improvements by the State Planning
Department, Department of Public Improvements and Board of Pub-
lic Works.

165J.

(a)    The provisions of Sections 165A-165J, inclusive, of this sub-
title, being necessary for the welfare of the State and its inhabitants,
shall be liberally construed to effect the purposes thereof.

(b)    The provisions of Sections 165A-165J, inclusive, of this sub-
title are severable, and, if any of such provisions shall be held uncon-
stitutional by any court of competent jurisdiction, the decision of
such court shall not affect or impair any of the remaining provisions.

(c)