(a) The Corporation may pledge or assign: (1) any of its revenues; (2) any of its rights to receive revenues; (3) money and securities in accounts established to secure a bond; and (4) a lien or security interest granted or assignment made to the Corporation. (b) A pledge or assignment: (1) is valid and binding against any person having a claim against the Corporation in tort, contract, or otherwise, regardless of whether the person has notice of the pledge or assignment; and (2) has priority over the claim. (c) A resolution, trust agreement, assignment, financing agreement or other instrument that creates a lien, security interest, assignment, or pledge under subsection (a) of this section: (1) shall be filed in the records of the Corporation; but (2) need not be filed or recorded elsewhere.
Maryland Legal Code