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561
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HARRY HUGHES, Governor
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(4) SUE AND BE SUED IN ITS OWN NAME;
(5) CONTRACT FOR AND ENGAGE THE SERVICES OF
CONSULTANTS;
(6) USE THE SERVICES OF OTHER GOVERNMENTAL AGENCIES;
(7) CONTRACT FOR AND ACCEPT, FOR USE IN CARRYING OUT
THE PROVISIONS OF THIS SUBTITLE, LOANS AND GRANTS FROM THE
FEDERAL, STATE, OR ANY LOCAL GOVERNMENT AND ANY OF THEIR
RESPECTIVE AGENCIES AND INSTRUMENTALITIES;
(8) ACQUIRE, MANAGE, OPERATE, DISPOSE OF, OR
OTHERWISE DEAL WITH PROPERTY, TAKE ASSIGNMENTS OF RENTALS AND
LEASES, AND MAKE CONTRACTS, LEASES, AGREEMENTS, AND ARRANGEMENTS
THAT ARE NECESSARY OR INCIDENTAL TO THE PERFORMANCE OF ITS
DUTIES, UPON SUCH TERMS AND CONDITIONS THAT IT MAY DEEM
ADVISABLE;
(9) ACQUIRE OR TAKE ASSIGNMENTS OF DOCUMENTS
EXECUTED, OBTAINED, OR DELIVERED IN CONNECTION WITH FINANCIAL
ASSISTANCE PROVIDED BY THE AUTHORITY UNDER THIS SUBTITLE;
(10) SUBJECT TO THE PROVISIONS OF ANY OUTSTANDING
AGREEMENTS ENTERED INTO BY THE AUTHORITY UNDER THIS SUBTITLE,
ENTER INTO COVENANTS OR AGREEMENTS WITH RESPECT TO THE
AUTHORITY'S INSURANCE FUNDS, AND ESTABLISH ACCOUNTS WITHIN THE
AUTHORITY'S INSURANCE FUNDS WHICH MAY BE USED TO IMPLEMENT THE
PURPOSES OF THIS SUBTITLE. IF THE AUTHORITY ELECTS TO ESTABLISH
SEPARATE ACCOUNTS, THE AUTHORITY MAY ALLOCATE ITS REVENUES AND
RECEIPTS AMONG THE RESPECTIVE ACCOUNTS IN ANY MANNER THE
AUTHORITY CONSIDERS APPROPRIATE;
(11) FIX, DETERMINE, CHARGE, AND COLLECT ANY
PREMIUMS, FEES, CHARGES, COSTS, AND EXPENSES, INCLUDING, BY WAY
OF EXAMPLE, ANY APPLICATION FEES, COMMITMENT FEES, PROGRAM FEES,
FINANCING CHARGES, OR PUBLICATION FEES IN CONNECTION WITH
FINANCIAL ASSISTANCE PROVIDED BY THE AUTHORITY UNDER THIS
SUBTITLE;
(12) ADOPT RULES AND REGULATIONS NECESSARY TO CARRY
OUT THE PURPOSES OF THIS SUBTITLE;
(13) AUTHORIZE THE CHAIRMAN, VICE CHAIRMAN, OR
EXECUTIVE DIRECTOR OF THE AUTHORITY, ON BEHALF OF THE AUTHORITY,
TO PERFORM ANY DUTY, AND SPECIFY, PRESCRIBE, DETERMINE, PROVIDE
FOR OR APPROVE SUCH MATTERS, DETAILS, FORMS, DOCUMENTS, OR
PROCEDURES AS THE AUTHORITY, IN ITS SOLE AND ABSOLUTE DISCRETION,
DEEMS APPROPRIATE TO ACCOMPLISH THE PURPOSES OF THIS SUBTITLE;
AND
(14) DO ANYTHING NECESSARY OR CONVENIENT TO CARRY OUT
ITS POWERS AND THE PURPOSES OF THIS SUBTITLE.
13-115.
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