Section 5-412 - Receipt of funds authorized; borrowing from State and represented counties. - Maryland Statutes

§ 5-412. Receipt of funds authorized; borrowing from State and represented counties.
 

The Authority may receive from the State, its political subdivisions, the federal government, or any other source funds to apply to its obligations and duties under this subtitle. The Authority may borrow from the State and any represented county, and the State and any represented county may lend to the Authority funds the Authority requires to meet obligations under its contract with the federal government. 
 

[An. Code 1957, art. 96A, § 101; 1973, 1st Sp. Sess., ch. 4, § 1; 1990, ch. 6, § 2; 1995, ch. 488, § 1.]