MARVIN MANDEL, Governor

1681

motor vehicles required to be paid pursuant to the
provisions of [§ 29 of] Article 66 1/2, §29 of the
Annotated Code of Maryland (1957 EDITION, AS AMENDED)
subject to the prior deduction from said proceeds of such
sums as may be needed annually to meet debt service on
any outstanding and unpaid bonds issued pursuant to [§
191 of this article] §3 OF THIS SUBHEADING; (b) such
amounts as may be necessary of that portion of the
Gasoline Tax Fund, created as such by § 136 as amended,
of Article 56 of the Annotated Code of Maryland (1957
EDITION, AS AMENDED), and allocated to the Commission by
ARTICLE 89B, §§ 30 and 32 [of this article] OF THE
ANNOTATED CODE OF MARYLAND (1957 EDITION, AS AMENDED),
subject to the prior use and application of so much of
said portion as may be necessary to make the payments
provided for in [§ 196 of this article] §8 OF THIS
SUBHEADING. So long as any of the bonds issued pursuant
to the authority of [§ 199] §11 of this subheading shall
remain outstanding and unpaid, there shall be deposited
in a sinking fund to be established by the Commission to
secure the payment of the principal and interest of said
bonds, annually or oftener as received, so much of the
proceeds of the taxes laid under this section as shall be
necessary to maintain in said sinking fund a sum equal to
the amount required to pay the principal of and the
interest on such of said bonds as shall be then
outstanding, which will become payable in the current
fiscal year and in the next succeeding fiscal year.
Said proceeds are hereby irrevocably pledged to the
payment of the principal of and interest on the bonds
issued pursuant to the authority of [§ 199] §11 of this
subheading, as the same shall become due and payable, and
such taxes, to the extent hereby required, shall not be
repealed, diminished or applied to any other object until
such bonds and the interest thereon shall be fully paid
or until adequate and complete provision for such payment
shall have been made.

§21. [§ 210.] Accounts as to bonds and proceeds.

The Commission shall so keep its accounts relating
to the bonds authorized by [§ 199] §11 OF THIS SUBHEADING
and to the funds derived from the sale of said bonds as
to make readily obtainable information on the items
listed in [§ 197 of this article] §9 OF THIS SUBHEADING.

§22. [§ 211.] Commission may borrow for use of counties.

(a) In addition to, but as a separate part of the
foregoing authorization, the Commission, when notified by
any county of the State as hereinafter provided, is
hereby authorized and directed to borrow money from time
to time as hereinafter limited, and to evidence such
borrowing by the issue of its bonds, in form and tenor
substantially as provided in [§ 200] §12 of this
subheading, and to disburse the proceeds of said
borrowing, and pay the principal and interest of said
bonds, as hereinafter provided. The authority hereby