WILLIAM DONALD SCHAEFER, Governor

PURPOSES. THE MONEYS SO APPROPRIATED SHALL BE PAID TO THE
AUTHORITY AS A DONATION.

(B) IF FUNDING IS NECESSARY IN ORDER FOR AN AUTHORITY TO
COMPLY WITH ANY REQUIREMENT IMPOSED ON IT BY ITS ARTICLES OF
ORGANIZATION, AND IF FUNDING ADEQUATE FOR THE AUTHORITY TO
COMPLY THEREWITH IS NOT AVAILABLE FROM STATE, FEDERAL, OR
OTHER SOURCES, THE LOCAL GOVERNMENT SHALL APPROPRIATE TO
THE AUTHORITY THE FUNDING NECESSARY FOR IT TO COMPLY,
PROVIDED THAT THE LOCAL GOVERNMENT SHALL HAVE NO DUTY TO
PROVIDE ANY FUNDING TO ITS AUTHORITY IN ORDER FOR THE
AUTHORITY TO SATISFY ANY JUDGMENT, LIABILITY, DEBT, OR OTHER
FINANCIAL OBLIGATION TO ANY THIRD PARTY.

(C) ANY LOCAL JURISDICTION LOCATED IN WHOLE OR IN PART
WITHIN THE AREA OF OPERATION OF AN AUTHORITY SHALL HAVE THE
POWER FROM TIME TO TIME TO LEND OR DONATE MONEY TO THE
AUTHORITY OR TO AGREE TO TAKE SUCH ACTION. THE AUTHORITY,
WHEN IT HAS MONEY AVAILABLE THEREFOR, SHALL MAKE
REIMBURSEMENTS FOR ALL SUCH LOANS MADE TO IT.

SUBTITLE 3. POWERS OF AN AUTHORITY AND PUBLIC BODIES DEALING

WITH AN AUTHORITY

1-301.

AN AUTHORITY SHALL CONSTITUTE A PUBLIC BODY CORPORATE
AND POLITIC, EXERCISING PUBLIC AND ESSENTIAL GOVERNMENTAL
FUNCTIONS, AND HAVING ALL THE POWERS NECESSARY OR
CONVENIENT TO CARRY OUT AND EFFECTUATE THE PURPOSES AND
PROVISIONS OF THIS ARTICLE, INCLUDING THE FOLLOWING POWERS IN
ADDITION TO OTHERS HEREIN GRANTED:

(1) TO SUE AND BE SUED, TO HAVE A SEAL AND TO ALTER
THE SAME AT PLEASURE, TO HAVE PERPETUAL SUCCESSION, TO MAKE
AND EXECUTE CONTRACTS AND OTHER INSTRUMENTS NECESSARY OR
CONVENIENT TO THE EXERCISE OF THE POWERS OF THE AUTHORITY,
AND TO MAKE AND FROM TIME TO TIME AMEND AND REPEAL BYLAWS,
RULES AND REGULATIONS NOT INCONSISTENT WITH THIS ARTICLE, AND
TO CARRY INTO EFFECT THE POWERS AND PURPOSES OF THE
AUTHORITY;

(2) WITHIN ITS AREA OF OPERATION, TO PREPARE, CARRY
OUT, ACQUIRE, OWN, LEASE, AND OPERATE HOUSING PROJECTS; TO
PROVIDE FOR THE CONSTRUCTION, RECONSTRUCTION, IMPROVEMENT,
ALTERATION, OR REPAIR OF ANY HOUSING PROJECT OR ANY PART
THEREOF;

(3) TO PROVIDE DIRECTLY OR ARRANGE OR CONTRACT FOR
THE FURNISHING BY ANY PERSON OR AGENCY, PUBLIC OR PRIVATE, OF

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