2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 11-514 - Powers -- Borrowing authority


MD Econ Dev Code § 11-514 (2013) What's This?

§11-514.

The Corporation may:

(1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation;

(2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and

(3) combine projects for financing.

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