Maryland Code, TRANSPORTATION 3-201
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Terms Used In Maryland Code, TRANSPORTATION 3-201
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
By one or more resolutions of the Secretary, the Department may:
(1) Finance the cost of transportation facilities;
(2) Borrow money from time to time for that purpose; and
(3) Evidence the borrowing by the issuance and sale of bonds, notes, or other evidences of obligation on the terms, conditions, and limitations contained in this subtitle.