§ 12–406

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 12-406 (2026)

Title 12. Local Development Authorities and Resources

Subtitle 4. Business Improvement Districts

(a)

(1)

Except as limited by its articles of incorporation, a district corporation has all the powers set forth in this subtitle.

(2)

A district corporation may:

(i)

receive money from its incorporating county or municipal corporation, the State, other governmental units, or nonprofit organizations;

(ii)

charge fees for its services;

(iii)

have employees and consultants as it considers necessary; and

(iv)

use the services of other governmental units.

(b)

A district corporation shall operate and exercise its powers solely to accomplish one or more of the legislative purposes of this subtitle.