MARVIN MANDEL, Governor 537
SUPERVISION. THEY MAY EMPLOY OTHER PERSONS AS
NECESSARY. THE DIRECTOR AND STAFF ARE EMPLOYEES OF
THE TRUST AND NOT OF THE STATE. THE TRUSTEES MAY
REMOVE THE DIRECTOR AND ANY OTHER EMPLOYEE AT THEIR
WILL.
REVISOR'S NOTE: This section presently appears as
Article 41, section 181R of the Code. The
only changes made are in style.
3-206. LEGAL COUNSEL.
THE TRUSTEES MAY REQUEST AND SHALL RECEIVE FROM
THE ATTORNEY GENERAL LEGAL COUNSEL AND SERVICES
NECESSARY TO CARRY OUT EFFECTIVELY THE PURPOSES OF THE
TRUST.
REVISOR'S NOTE: This section presently appears as
Article 41, section 181S of the Code. The
only changes made are in style.
3-207. TRANSFER OF MONEY OR PROPERTY TO TRUST; GRANTS
FROM FEDERAL GOVERNMENT OR POLITICAL SUBDIVISIONS OF
STATE.
THE STATE MAY PAY MONEY OR TRANSFER PROPERTY TO
THE TRUST TO CARRY OUT THE PURPOSES OF THE TRUST. THE
TRUST MAY RECEIVE, MANAGE, EXPEND, AND DISPOSE OF
GRANTS, MONEY, AND PROPERTY FROM THE FEDERAL
GOVERNMENT OR POLITICAL SUBDIVISION OF THE STATE.
REVISOR'S NOTE: This section presently appears as
Article 41, section 181T of the Code. The
only changes made are in style.
3-208. SELLING, CONVEYING, ASSIGNING, LEASING,
PROPERTY CONTRACTS.
SUBJECT TO THE LIMITATIONS OF §3-207, THE TRUST
MAY IMPROVE, SELL, CONVEY, ASSIGN, LEASE, OR OTHERWISE
TRANSFER OR DISPOSE OF ANY PROPERTY, OR INTEREST IN
PROPERTY, IT HOLDS, AND ENTER INTO ANY CONTRACT,
EASEMENT, OR OTHER LEGAL ARRANGEMENT INCIDENT THERETO,
INCLUDING BUT NOT LIMITED TO, THE AUTHORITY TO LEASE
PROPERTIES FOR VARIOUS COMMERCIAL AND RESIDENTIAL USES
CONSISTENT WITH THE PURPOSES OF THE TRUST ON TERMS AND
CONDITIONS THE TRUSTEES DEEM APPROPRIATE. ANY LEASE
THE TRUSTEES HAKE SHALL BE IN IMMEDIATE FURTHERANCE OF
THE PURPOSES OF THE TRUST AND NOT MERELY FOR
INVESTMENT PURPOSES. NOTWITHSTANDING ANY PROVISION OF
LAW TO THE CONTRARY, A LEASE THE TRUST HAKES MAY NOT
|