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MARYLAND STATUTES AND CODES

Section 9-905 - Purposes of authorities.

§ 9-905. Purposes of authorities.
 

An authority: 

(1) Is an instrumentality that exercises public and essential government functions; 

(2) Provides for the public health and welfare; and 

(3) May acquire, hold, construct, extend, repair, improve, operate, or lease as a lessor or lessee 1 or more projects that are wholly or partly within 1 or more of the member political subdivisions. 
 

[1985, ch. 173, § 2.] 
 

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