650                            LAWS OF MARYLAND                                     Ch. 10

eligible local issuer and allocate from the Administration to
each eligible local issuer that submits a request prior to March
1. of that year a portion of the State ceiling equal to its
allocation share or in the case of any eligible local issuer
which had issued bonds prior to January 1, 1981, for the purpose
of financing single-family residences, the greater of its
allocation share or the amount of bonds determined by the
Secretary to be available to that eligible local issuer in
accordance with § 103A(g)(3) of [this article] THE CODE.

(v) It is the intention of the General Assembly
that any allocation of the State ceiling for calendar year 1981
be effected by the Governor according to § 103A(g)(6)(b) of [this
article] THE CODE.

266LL-4.

(a) All receipts designated for the Day Care Facilities
Loan Guarantee Fund shall be placed in the Fund and administered
by the Department including:

(1)  Premiums for guaranteeing loans; and

(2)  Income from investments that the State Treasurer,
on instruction of the Department makes[;] for the Department
under this subheading.

562.

[(a)] The Corporation may:

(1)  Adopt bylaws for the regulation of its affairs
and the conduct of its business;

(2)  Adopt an official seal and alter it at pleasure;

(3)  Maintain offices at a place within the State that
it designates;

(4)  Apply for and accept any loans, grants, or
assistance of any character from the federal government, State
government, or local governments, or any private sources;

(5)  Make, execute, and enter into any contracts or
other legal instruments;

(6)  Sue and be sued in its own name;

(7)  Acquire, construct, develop, manage, market,
reconstruct, rehabilitate, improve, maintain, equip, lease, as
lessor or as lessee, repair, and operate any project within the
State of Maryland;

(8)  Acquire, purchase, hold, lease as lessee, and use
any franchise, patent, or license and any property whether real,