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2416 VETOES
AUTHORITY TO APPROVE, ON BEHALF OF THE AUTHORITY, ANY FINANCIAL
ASSISTANCE TO BE PROVIDED FROM THE AUTHORIZED PURPOSE INSURANCE
FUND WHICH DOES NOT EXCEED, WITH RESPECT TO ANY ONE TRANSACTION,
THE TOTAL AGGREGATE AMOUNT OF $50,000. ANY SUCH APPROVAL BY THE
EXECUTIVE DIRECTOR SHALL:
(1) BE SUBJECT TO THE CONCURRENCE OF THE SECRETARY OR
THE CHAIRMAN OF THE AUTHORITY;
(2) COMPLY WITH THE REQUIREMENTS OF THIS SUBTITLE;
AND
(3) BE BINDING UPON THE AUTHORITY.
13-134.
THE AUTHORITY MAY ITSELF APPROVE THE FORM OF ANY AGREEMENT
ENTERED INTO BY THE AUTHORITY UNDER THIS SUBTITLE OR MAY
AUTHORIZE THE EXECUTIVE DIRECTOR OF THE AUTHORITY TO APPROVE THE
FORM OF ANY AGREEMENT ENTERED INTO BY THE AUTHORITY UNDER THIS
SUBTITLE. ANY PAYMENT BY THE AUTHORITY UNDER AN AGREEMENT
ENTERED INTO BY THE AUTHORITY UNDER THIS SUBTITLE SHALL BE MADE
AT THE TIME AND IN THE MANNER THAT THE AUTHORITY, IN ITS SOLE AND
ABSOLUTE DISCRETION, DETERMINES.
13-135.
TRANSACTIONS ARE:
(1) SUBJECT TO THE PROVISIONS OF ARTICLE 49B OF THE
CODE CONCERNING DISCRIMINATION AND UNLAWFUL PRACTICES; AND
(2) NOT SUBJECT TO THE PROVISIONS OF ARTICLE 21, §
3-501 OF THE CODE.
PART V. PREMIUMS AND FEES.
13-136.
(A) THE AUTHORITY MAY, IN ITS SOLE AND ABSOLUTE DISCRETION,
SET THE PREMIUMS AND FEES TO BE PAID TO IT FOR PROVIDING
FINANCIAL ASSISTANCE UNDER THIS SUBTITLE.
(B) THE PREMIUMS AND FEES SET BY THE AUTHORITY SHALL BE
PAYABLE IN THE AMOUNTS, AT THE TIME AND IN THE MANNER THAT THE
AUTHORITY, IN ITS SOLE AND ABSOLUTE DISCRETION, REQUIRES.
(C) THE PREMIUMS AND FEES NEED NOT BE UNIFORM AMONG
TRANSACTIONS, AND MAY VARY IN AMOUNT:
(1) AMONG TRANSACTIONS; AND
(2) AT DIFFERENT STAGES DURING THE TERMS OF
TRANSACTIONS.
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