WILLIAM DONALD SCHAEFER, Governor Ch. 535

PART II. POWERS AND DUTIES

9-1604.

IN ADDITION TO THE POWERS SET FORTH ELSEWHERE IN THIS
SUBTITLE, BUT SUBJECT TO SUCH RULES OR PROGRAM DIRECTIVES AS THE
SECRETARY MAY FROM TIME TO TIME PRESCRIBE, THE ADMINISTRATION
MAY:

(1)  ADOPT AND ALTER AN OFFICIAL SEAL;

(2)  SUE AND BE SUED, PLEAD, AND BE IMPLEADED;

(3)  ADOPT BYLAWS, RULES, AND REGULATIONS TO CARRY OUT
THE PROVISIONS OF THIS SUBTITLE;

(4)  MAINTAIN AN OFFICE AT SUCH PLACE AS THE SECRETARY
MAY DESIGNATE;

(5)  EMPLOY CONSULTANTS, ACCOUNTANTS, ATTORNEYS,
FINANCIAL EXPERTS, AND OTHER PERSONNEL AND AGENTS AS MAY BE
NECESSARY IN ITS JUDGMENT, AND FIX THEIR COMPENSATION;

(6)  ESTABLISH REGULATIONS, CRITERIA, OR GUIDELINES
WITH RESPECT TO LOANS, LOAN AGREEMENTS, AND LOAN OBLIGATIONS;

(7)  RECEIVE AND ACCEPT FROM ANY SOURCE, PRIVATE OR
PUBLIC, CONTRIBUTIONS, GRANTS, OR GIFTS OF MONEY OR PROPERTY;

(8)  ENTER INTO CONTRACTS OF ANY KIND, AND EXECUTE ALL
INSTRUMENTS NECESSARY OR CONVENIENT WITH RESPECT TO CARRYING OUT
THE POWERS IN THIS SUBTITLE TO ACCOMPLISH THE PURPOSES OF THE
ADMINISTRATION;

(9)  MAKE LOANS, ENTER INTO LOAN AGREEMENTS, AND
ACCEPT AND ENFORCE LOAN OBLIGATIONS;

(10)  SUBJECT TO THE PRIOR APPROVAL OF THE BOARD AND
THE SECRETARY, ISSUE BONDS UNDER THIS SUBTITLE; AND

(11)  DO ALL ACTS AND THINGS NECESSARY OR CONVENIENT
TO CARRY OUT THE POWERS GRANTED BY THIS SUBTITLE.

9-1605.

(A) (1) THERE IS A MARYLAND WATER QUALITY REVOLVING LOAN
FUND. THE FUND SHALL BE MAINTAINED AND ADMINISTERED BY THE
ADMINISTRATION IN ACCORDANCE WITH THE PROVISIONS OF THIS SUBTITLE
AND SUCH RULES OR PROGRAM DIRECTIVES AS THE SECRETARY OR THE
BOARD MAY FROM TIME TO TIME PRESCRIBE.

(2) THE FUND IS A SPECIAL, CONTINUING, NONLAPSING
FUND WHICH IS NOT SUBJECT TO § 7-302 OF THE STATE FINANCE AND.

- 3527 -