Section 5-567 - Powers of Authority - Program. - Maryland Statutes

§ 5-567. Powers of Authority - Program.
 

The Authority may: 

(1) prescribe or approve the form of and terms and conditions in applications, guaranty agreements, or any other documents entered into by the Authority, principals, or sureties under the Program; 

(2) acquire or take assignments of documents executed, obtained, or delivered in connection with any assistance the Authority provides under the Program; 

(3) set and collect premiums, fees, charges, costs, and expenses in connection with any assistance the Authority provides under the Program; 

(4) adopt regulations to carry out the Program; and 

(5) do anything necessary or convenient to carry out its powers and the purposes of the Program. 
 

[An. Code 1957, art. 83A, § 5-1033(4)-(8); 2008, ch. 306, § 2.]