§ 12-312. Loans and donations to code authority
West's Annotated Code of MarylandHousing and Community Development
MD Code, Housing & Community Development, § 12-312
§ 12-312. Loans and donations to code authority
(a)(1) When a code authority becomes authorized to do business and exercise its powers, the political subdivision:
(b)(1) Subject to paragraph (2) of this subsection, the political subdivision shall appropriate to the code authority money needed to comply with any requirement imposed on it by its articles of organization, if enough money for the code authority to comply is not available from State, federal, or other sources.
(c)(1) A political subdivision located wholly or partly in the area of operation of a code authority may lend, donate, or agree to lend or donate money to the code authority.
Credits
Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.
MD Code, Housing & Community Development, § 12-312, MD HOUS & CMTY DEV § 12-312
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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