§ 3-205. Powers of Department
West's Annotated Code of MarylandHousing and Community Development
MD Code, Housing & Community Development, § 3-205
§ 3-205. Powers of Department
(a) In this section, “development costs” has the meaning stated in § 4-201 of this article.
(b) The Department, in its own name or in the name of the Fund:
(5) notwithstanding Titles 10 through 17 of the State Finance and Procurement Article, after a default under an obligation that is insured or otherwise backed by a credit enhancement under this subtitle, may acquire, hold, improve, operate pending sale or other disposition, sell, assign, exchange, transfer, convey, lease, mortgage, or otherwise dispose of or encumber:
Credits
Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005.
MD Code, Housing & Community Development, § 3-205, MD HOUS & CMTY DEV § 3-205
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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