Maryland Department of Business and Economic Development Section 5-1707

Article - Department of Business and Economic Development

§ 5-1707.

      (a)      The authority may:

            (1)      Fix, revise, and collect rates and charges for the use of the services of the authority;

            (2)      Contract with a person for the use of any of the services of the authority; and

            (3)      Establish the terms and conditions and fix the terms and conditions for the use of the services.

      (b)      (1)      The rates or charges of the authority may not be subject to supervision or regulation by any other unit of the State or any political subdivision of the State.

            (2)      The rates, charges, and all other revenues derived by the authority may be applied by the authority to any lawful purpose, subject to the provisions of any resolution, trust indenture, or other agreement relating to bonds or the authority.

      (c)      The net earnings of the authority, aside from those necessary to pay obligations or to implement the authority's programs, may not benefit any person other than the county or counties in which the facility is located.



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