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§ 12-405. Power of authority to vest rights in obligee

West's Annotated Code of MarylandHousing and Community Development

West's Annotated Code of Maryland
Housing and Community Development (Refs & Annos)
Division II. Housing Authorities [Titles 12-End] (Refs & Annos)
Title 12. Provisions of Statewide Applicability (Refs & Annos)
Subtitle 4. Duties of Authorities (Refs & Annos)
MD Code, Housing & Community Development, § 12-405
§ 12-405. Power of authority to vest rights in obligee
Currentness
This subtitle does not limit the power of an authority to vest in an obligee the right, if the authority defaults, to:
(1) take possession of a housing project;
(2) have a receiver of a housing project appointed; or
(3) acquire title to a housing project, through foreclosure or otherwise, free from all restrictions of this subtitle.

Credits

Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.
MD Code, Housing & Community Development, § 12-405, MD HOUS & CMTY DEV § 12-405
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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