1116

LAWS OF MARYLAND

[Ch. 164

WITH AND RECEIVED BY ANY STATE OR MUNICIPAL OFFICER OR
ANY UNIT OR POLITICAL SUBDIVISION OF THE STATE FOR ANY
PURPOSE FOR WHICH THE DEPOSIT OF BONDS OR OTHER
OBLIGATIONS OF THE STATE IS AUTHORIZED BY LAW.

(P) BONDS OR NOTES ISSUED UNDER THE PROVISIONS OF
THIS SECTION ARE NOT A DEBT OF, AND DO NOT PLEDGE THE
FAITH, CREDIT, OR TAXING POWER OF THE STATE, THE
ADMINISTRATION, OR ANY POLITICAL SUBDIVISION, BUT ABE
PAYABLE SOLELY FROM THE REVENUES AND PROPERTY PROVIDED
FOR HEREIN. THE BONDS OR NOTES SHALL CONTAIN ON THEIR
FACE A STATEMENT TO THAT EFFECT.

(Q) THE BONDS OR NOTES OF THE ADMINISTRATION
ISSUED UNDER THE PROVISIONS OF THIS SECTION, THEIR
TRANSFER, THE INTEREST PAYABLE THEREON, AND ANY INCOME
DERIVED THEREFROM, INCLUDING ANY PROFIT REALIZED BY THE
SALE OR EXCHANGE THEREOF, SHALL AT ALL TIMES BE EXEMPT
FROM TAXATION OF EVERY KIND AND NATURE WHATSOEVER BY THE
STATE, OR BY ANY OF ITS POLITICAL SUBDIVISIONS, MUNICIPAL
CORPORATIONS, OR PUBLIC UNITS OF ANY KIND.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1975.

Approved April 8, 1975.

CHAPTER 165
(Senate Bill 975)

AN ACT concerning

Fur—Bearing Manuals — Raccoons and Opossums

FOR the purpose of classifying raccoons and opossums as
fur—bearing animals and providing for the hunting
season, bag limits and other restrictions relating
to the hunting of raccoons and opossums.

BY repealing and re—enacting, with amendments,

Article — Natural Resources
Sections 10—101 (e) and (g)
Annotated Code of Maryland
(1974 Volume and 1974 Supplement)

BY repealing and re—enacting, with amendments,