§ 13–1010
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 13-1010 (2026)
Title 13. State-Operated Financial Programs
Subtitle 10. Canal Place Preservation and Development Authority
§ 13–1010LinkCopy Citation
The Authority shall:
(1)
Administer the Heritage Area in accordance with this subtitle;
(2)
Subject to § 13-1011 of this subtitle, develop a management plan for the Heritage Area;
(3)
Preserve or assist in the preservation of buildings, structures, and settings of historic value in the Heritage Area;
(4)
Conduct activities to educate the public about the history and significance of the Heritage Area;
(5)
Provide for recreational uses of the Heritage Area for both active and passive pursuits;
(6)
Facilitate economic development in the Heritage Area through public and private investment in adaptive reuse, interpretative attractions, or other activities;
(7)
To the extent practicable, consult and coordinate its activities with the states of West Virginia and Pennsylvania and appropriate regional entities;
(8)
Keep records consistent with sound business practices and accounting records consistent with generally accepted accounting principles;
(9)
Cause an audit by an independent licensed certified public accountant to be made of the accounts and transactions of the Authority at the conclusion of each fiscal year;
(10)
Be subject to audit and examination at any reasonable time by the Office of Legislative Audits of the Department of Legislative Services concerning the accounts and transactions of the Authority; and
(11)
For inclusion for informational purposes in the State budget book, submit annually to the Department of Budget and Management a budget reflecting the operating and capital program of the Authority.