Sec. 15B-116. Redevelopment Authority established

There is hereby created, as a distinct and separate entity, pursuant to Section 15B-104 of this Subtitle, as enacted by Chapter 266 of the Laws of Maryland, 1996, a body corporate and politic and an instrumentality of the County known as the Redevelopment Authority of Prince George's County, hereinafter referred to as the "Redevelopment Authority." The Redevelopment Authority may exercise all the powers, authority, rights, and obligations granted to it by State law and this Subtitle. The Redevelopment Authority is established for the purposes described in Section 15B-101 of this Subtitle.