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ROBERT L. EHRLICH, JR., Governor
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Ch. 63
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THE AUTHORITY AND ITS HOUSING PROJECTS, INCLUDING FINANCIAL REPORTING,
BUDGETARY, AND PERSONNEL REQUIREMENTS.
(2) THE SPECIFIC TERMS MAY NOT ADD POWERS TO THE AUTHORITY
OTHER THAN THOSE ALLOWED UNDER SUBSECTION (B)(1)(VI) OF THIS SECTION AND
MAY NOT BE INCONSISTENT WITH:
(I) ANY EXISTING AGREEMENT BETWEEN THE AUTHORITY AND
ANY STATE OR FEDERAL GOVERNMENTAL UNIT;
(II) FEDERAL LAW; OR
(III) THIS DIVISION II OR OTHER STATE LAW.
(D) SAME — PROHIBITED TERMS.
ARTICLES OF ORGANIZATION MAY NOT REQUIRE THE AUTHORITY DIRECTLY OR
INDIRECTLY TO PAY ANY OF ITS RESERVES OR OTHER MONEY TO THE POLITICAL
SUBDIVISION.
(E) CUSTODIAN TO FILE COPY OF RECOMMENDATION AND OF RESOLUTION
OR ORDINANCE.
THE CUSTODIAN OF RECORDS SHALL FILE WITH THE SECRETARY OF STATE A
CERTIFIED COPY OF THE WRITTEN RECOMMENDATION OF THE CHIEF ELECTED
OFFICIAL AND THE RESOLUTION OR ORDINANCE ADOPTING THE ARTICLES OF
ORGANIZATION.
(F) ISSUANCE OF CERTIFICATE OF APPROVAL.
(1) IF THE SECRETARY OF STATE FINDS THAT THE REQUIREMENTS OF §
12-203 OF THIS SUBTITLE HAVE BEEN MET, THE SECRETARY OF STATE SHALL
ENDORSE THE ARTICLES OF ORGANIZATION "APPROVED" AND ISSUE TO THE
AUTHORITY A CERTIFICATE OF APPROVAL ATTACHED TO THEM AND A CERTIFICATE
OF ORGANIZATION.
(2) ON ISSUANCE OF THE CERTIFICATE OF APPROVAL, THE ARTICLES OF
ORGANIZATION AS FILED ARE CONSIDERED TO HAVE BEEN ADOPTED.
(G) SECRETARY OF STATE TO KEEP RECORDS.
THE SECRETARY OF STATE:
(1) SHALL RECORD AND MAINTAIN ALL ENDORSED ARTICLES OF
ORGANIZATION AND AMENDMENTS IN RECORDS KEPT FOR THAT PURPOSE; AND
(2) ON REQUEST, SHALL ISSUE CERTIFIED COPIES OF THE ENDORSED
ARTICLES OF ORGANIZATION AND AMENDMENTS.
(H) EFFECT OF CERTIFICATE OF ORGANIZATION.
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- 433 -
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