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LAWS OF MARYLAND

Ch. 22

operation of the project or projects in connection with
which the bonds secured by such trust agreement shall be
issued, but shall not convey or mortgage any project or any
part thereof- Any such trust agreement or any resolution
providing for the issuance of such bonds may contain such
provisions for protecting and enforcing the rights and
remedies of the bondholders as may be reasonable and proper
and not in violation of law, including covenants setting
forth the duties of said University in relation to the
acquisition of property and the construction, improvement,
maintenance, repair, operation and insurance of the project
or projects in connection with which such bonds shall have
been authorized, and the custody, safeguarding and
application of all moneys, and provisions for the employment
of independent consultants in connection with the
construction or operation of such project or projects. It
shall be lawful for any bank or trust company incorporated
under the laws of the State which may act as depository of
the proceeds of bonds or of revenues to furnish such
indemnifying bonds or to pledge such securities as may be
required by said University- Any such trust agreement may
set forth the rights and remedies of the bondholders and of
the trustee, and may restrict the individual right of action
by bondholders as is customary in trust agreements or trust
indentures securing bonds and debentures of corporations.
In addition to the foregoing, any such trust agreement may
contain such other provisions as, said University may deem
reasonable and proper for the security of the bondholders,
including covenants to abandon, restrict or prohibit the
construction or operation of competing facilities. All
expenses incurred in carrying out the provisions of any such
trust agreement may be treated as a part of the cost of the
operation of the project or projects.

22. Same—-Charges and use of projects.

The University of Maryland is hereby authorized (a) to
fix, revise, charge and collect fees from students of the
University of Maryland for the right to use the projects or
any one or more or part thereof and to make mandatory the
payment of such fees and charges; (b) to permit persons
other than students to make use of the projects or any one
or more or part thereof and to fix, revise, charge and
collect fees for use of or admission to the same; and (c) to
contract with any person, partnership, association or
corporation desiring to use any project or any part thereof
for the use of the same, and to fix the terms, conditions,
rents and rates of charges for such use. Such fees,
charges and revenues shall be so fixed and adjusted in
respect to the aggregate of moneys necessary to retire the
revenue bonds herein authorized and to maintain, repair and
operate these projects, and to pay the principal of and the
interest on such bonds as the same shall become due and
payable and to create reserves for such purposes. Such
fees and charges shall not be subject to supervision or
regulation by any other commission, board, bureau or agency
of the State. The fees, charges and other revenues derived
from the project or projects in connection with which the