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§ 11-321. Rates and charges; revenues

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, § 11-321
§ 11-321. Rates and charges; revenues
Currentness
Charges for services
(a) The authority may:
(1) fix and collect rates or charges for its services;
(2) establish the terms and conditions for the services; and
(3) contract with a person for the provision of the services of the authority.
Charges not regulated
(b) The rates or charges of the authority are not subject to supervision or regulation by any other unit of the State or by a political subdivision of the State.
Use of revenues
(c) Subject to any agreement, the authority may apply its revenues to any lawful purpose.
Benefit of revenues
(d) Except as necessary to pay an obligation or to implement programs of the authority, the net revenue of the authority may not benefit a person other than the county or counties in which the facility is located.

Credits

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.
MD Code, Economic Development, § 11-321, MD ECON DEV § 11-321
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.
End of Document