# Sec. 13-1157. Authority powers

Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.

## Sec. 13-1157. Authority powers

Prince George's County, Md., Code § 13-1157 (2026)

(a) The Authority shall have the power to:

  (1) Adopt, amend, and repeal bylaws for the conduct of the Authority's business;

  (2) Sue and be sued;

  (3) Maintain an office at a place the Authority designates;

  (4) Borrow money;

  (5) Issue bonds and other obligations for a corporate purpose in accordance with Title 1, Subtitle 14, of the Local Government Article of the Annotated Code of Maryland;

  (6) Invest money of the Authority in instruments, obligations, securities, or property;

  (7) Participate in a program of the federal government, the State, a political subdivision of the State, or an intergovernmental entity created under State law;

  (8) Contract for good and services;

  (9) Study, develop and prepare reports or plans to assist in the Authority's exercise of powers and to monitor and evaluate the Authority's progress;

  (10) Contract with public or private entities for services necessary to manage and operate the Authority;

  (11) Create, own, control, or be a member of a corporation, limited liability company, partnership, or other person, whether operated for profit or not for profit, for the purposes of developing property in order to maximize marketability.

  (12) Exercise a power usually possessed by a private corporation in performing similar functions, unless to do so would conflict with State law;

  (13) Insure against losses in connection with the real property, assets, or activity of the Authority;

  (14) Design, develop, construct, demolish, rehabilitate, renovate, relocate, and otherwise improve real property or interests in real property;

  (15) Raise revenue by any legal means required to make the operations and activities of the Authority self-sustaining.

  (16) Delegate to a member or officer a power granted to the Authority hereunder, including the power to execute a bond, obligation, certificate, deed, lease, mortgage agreement, or other document or instrument.

  (17) Without limitation by the foregoing, be vested with and exercise all of the powers conferred upon land bank authorities generally by the laws of the State of Maryland including the powers set forth in the Prince George's County Code and specifically conferred upon the Authority by this division; and

  (18) Do any and all things necessary or appropriate to the foregoing.