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<section article="gec" article_name="Economic Development" number="10-314" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="3" subtitle_name="Maryland Health and Higher Educational Facilities Authority">
  <level label="a">
    <text>The Authority may:</text>
    <level label="1">
      <text>adopt bylaws for the conduct of its business;</text>
    </level>
    <level label="2">
      <text>sue and be sued;</text>
    </level>
    <level label="3">
      <text>adopt a seal;</text>
    </level>
    <level label="4">
      <text>maintain an office at a place it designates;</text>
    </level>
    <level label="5">
      <text>issue bonds in accordance with this subtitle;</text>
    </level>
    <level label="6">
      <text>accept a grant, loan, or other assistance in any form from any public or private source, subject to the provisions of this subtitle;</text>
    </level>
    <level label="7">
      <text>charge to and equitably allocate among participating institutions the administrative costs and expenses of carrying out this subtitle; and</text>
    </level>
    <level label="8">
      <text>do all things necessary or convenient to carry out the powers expressly granted by this subtitle.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>A health care institution may not use any money received from a bond issued by the Authority to match any State loan or grant that is available for improvement of a health care institution.</text>
    </level>
    <level label="2">
      <text>The Authority shall comply with the terms and conditions of assistance received in accordance with subsection (a)(6) of this section.</text>
    </level>
  </level>
  <level label="c">
    <text>The Authority may delegate to a member or officer a power granted to the Authority by this subtitle, including the power to execute a bond, certificate, deed, lease, mortgage, agreement, or other document or instrument.</text>
  </level>
</section>
