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§ 11-317. Powers--Borrowing authority

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2008

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 11. Military Installation Support (Refs & Annos)
Subtitle 3. Local Redevelopment Authorities (Refs & Annos)
Effective: October 1, 2008
MD Code, Economic Development, § 11-317
§ 11-317. Powers--Borrowing authority
The authority may:
(1) borrow money to finance costs of a project or for any other corporate purpose of the authority;
(2) mortgage or otherwise encumber its property or revenues for the loan; and
(3) combine projects for financing.

Credits

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.
MD Code, Economic Development, § 11-317, MD ECON DEV § 11-317
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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