HARRY HUGHES, Governor                             3201

EXPRESS AN UNQUALIFIED OPINION THEY SHALL STATE AND EXPLAIN
IN DETAIL THE REASONS FOR THEIR QUALIFICATIONS, DISCLAIMER,
OR OPINION INCLUDING RECOMMENDATIONS NECESSARY TO MAKE
POSSIBLE FUTURE UNQUALIFIED OPINIONS.

(C) THE BOOKS, RECORDS, AND ACCOUNTS OF THE AUTHORITY
ARE SUBJECT TO AUDIT BY THE STATE. ANY OFFICER OR EMPLOYEE
WHO REFUSES TO GIVE THE REQUIRED ASSISTANCE AND INFORMATION
TO THE ACCOUNTANTS SELECTED BY THE AUTHORITY OR BY THE
STATE, OR WHO REFUSES TO SUBMIT TO THEM FOR EXAMINATION THE
BOOKS, DOCUMENTS, RECORDS, FILES, ACCOUNTS, PAPERS, THINGS,
OR PROPERTY REQUIRED FOR THE AUDIT, IN THE DISCRETION OF THE
AUTHORITY, MAY BE REQUIRED TO FORFEIT HIS OR HER OFFICE OR
EMPLOYMENT.

24. 3-724.

THE AUTHORITY AND ITS CORPORATE EXISTENCE SHALL
CONTINUE UNTIL TERMINATED BY LAW, PROVIDED, HOWEVER, THAT NO
SUCH LAW SHALL TAKE EFFECT SO LONG AS THE AUTHORITY SHALL
HAVE BONDS OUTSTANDING, UNLESS ADEQUATE PROVISION HAS BEEN
MADE FOR THE PAYMENT THEREOF. UPON MAKING ADEQUATE
PROVISION FOR THE PAYMENT OF ALL OUTSTANDING BONDS OF THE
AUTHORITY, THE AUTHORITY MAY MERGE INTO THE MARYLAND
ENVIRONMENTAL SERVICE, WITH THE CONSENT OF THE MARYLAND
ENVIRONMENTAL SERVICE AND THE APPROVAL OF THE GOVERNOR, BY
FILING A STATEMENT OF MERGER WITH THE SECRETARY OF STATE AND
THE DEPARTMENT OF LEGISLATIVE REFERENCE. UPON TERMINATION
OF THE EXISTENCE OF THE AUTHORITY, ALL ITS RIGHTS AND
PROPERTIES SHALL PASS TO AND BE VESTED IN THE STATE FOR SUCH
DISTRIBUTION AS MAY BE PROVIDED FOR IN CONTRACTS BETWEEN THE
AUTHORITY AND THE PARTICIPATING COUNTIES. AND IN THE
STATEMENT OF MERGER, IF ANY.

25. 3-725.

THE PROVISIONS OF THIS ARTICLE SUBTITLE ARE SEVERABLE,
AND IF ANY OF ITS PROVISIONS ARE HELD UNCONSTITUTIONAL BY
ANY COURT OF COMPETENT JURISDICTION, THE DECISION OF THE
COURT SHALL NOT AFFECT OR IMPAIR ANY OF THE REMAINING
PROVISIONS.

26. 3-726.

WHEN THE PRINCIPAL OF AND INTEREST ON BONDS OF THE
AUTHORITY ISSUED TO FINANCE THE COST OF A PARTICULAR PROJECT
OR PROJECTS FOR A SUBDIVISION OR PERSON, (INCLUDING ANY
REFUNDING BONDS ISSUED TO REFUND AND REFINANCE SUCH BONDS),
HAVE BEEN FULLY PAID AND RETIRED, OR WHEN ADEQUATE PROVISION
HAS BEEN MADE TO FULLY PAY AND RETIRE THE SAME, AND ALL
OTHER CONDITIONS OF THE RESOLUTION OR TRUST AGREEMENT
AUTHORIZING AND SECURING THE SAME HAVE BEEN SATISFIED AND
THE LIEN OF SUCH RESOLUTION OR TRUST AGREEMENT HAS BEEN
RELEASED IN ACCORDANCE WITH THE PROVISIONS THEREOF, THE
AUTHORITY, TO THE EXTENT REQUIRED BY APPLICABLE AGREEMENTS
WITH ANY PERSON OR SUBDIVISION SHALL PROMPTLY DO SUCH
THINGS AND EXECUTE SUCH DEEDS, RELEASES, AND DOCUMENTS AS
ARE NECESSARY AND REQUIRED;