§ 10–614
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-614 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 6. Maryland Stadium Authority
§ 10–614LinkCopy Citation
Subject to the approval of the Board of Public Works, the Authority may:
(1)
borrow money from any source for any corporate purpose, including working capital for its operations, reserve funds, or interest;
(2)
mortgage, pledge, or otherwise encumber the property or funds of the Authority;
(3)
contract for the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers; and
(4)
receive and accept from any public or private source contributions, gifts, or grants of money or property and invest the money or property as a whole or in part.