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MARYLAND STATUTES AND CODES

Section 5-566 - Powers of Authority - In general.

§ 5-566. Powers of Authority - In general.
 

In administering the Program, the Authority may: 

(1) use the services of other governmental units; 

(2) contract for and accept loans and grants from the federal government, the State government, or a local government and their units; and 

(3) on the terms and conditions it considers advisable: 

(i) acquire, manage, operate, dispose of, or otherwise deal with property; 

(ii) take assignments of rentals and leases; and 

(iii) make contracts, leases, agreements, and arrangements that are necessary or incidental to the performance of its duties. 
 

[An. Code 1957, art. 83A, § 5-1033(1)-(3); 2008, ch. 306, § 2.]   

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