Ch. 599                                    1996 LAWS OF MARYLAND

trust companies, banking associations, investment companies, executors, administrators,
trustees, and other fiduciaries may properly and legally invest funds, including capital in
their control or belonging to them. Such bonds, notes, or other evidence of obligation are
hereby made securities which may properly and legally be deposited with and received by
any State of Maryland or municipal officer or any agency or political subdivision of the
State of Maryland for any purpose for which the deposit of bonds, notes, or other
evidence of obligation is now or may hereafter be authorized by law.

Article XIII

Miscellaneous

Any action taken by the Authority under the provisions of this Act may be
authorized by resolution at any regular or special meeting, and each such resolution shall
take effect immediately and need not be published or posted.

The project when constructed and opened to traffic shall be maintained and kept in
good condition and repair by the Authority. The project shall also be policed and
operated by such force of police, toll-takers, and other operating employees as the
Authority may in its discretion employ. THE AUTHORITY MAY ENTER INTO A
CONTRACTUAL AGREEMENT WITH AN EXISTING GOVERNMENTAL ENTITY IN
MARYLAND OR VIRGINIA TO PROVIDE THESE SERVICES. An Authority police officer
shall have all the powers granted to a peace officer and a police officer of the State of
Maryland. However, an Authority police officer may exercise these powers only on
property owned, leased, operated by, or under the control of the Authority, and may not
exercise these powers on any other property unless:

(1)     Engaged in fresh pursuit of a suspected offender;

(2)     Specially requested or permitted to do so in a political subdivision by its
chief executive officer or its chief police officer; or

(3)     Ordered to do so by the [Governor] GOVERNORS OF THE STATE OF
MARYLAND, THE COMMONWEALTH OF VIRGINIA, OR THE MAYOR OF THE DISTRICT
OF COLUMBIA AS THE CIRCUMSTANCES MAY REQUIRE.

All other police officers of the signatory parties and of each county, city, town, or
other political subdivision of the State of Maryland through which the project, or portion
thereof, extends shall have the same powers and jurisdiction within the limits of such
project as they have beyond such limits and shall have access to the project at any time for
the purpose of exercising such powers and jurisdiction.

On or before the last day of August in each year, the Authority shall make an
annual report of its activities for the preceding [calendar] FISCAL year to the Governors
of THE STATE OF Maryland and THE COMMONWEALTH OF Virginia AND THE MAYOR
OF THE DISTRICT OF COLUMBIA Each such report shall set forth a complete operating
and financial statement covering its operations during the year. The Authority shall cause
an audit of its books and accounts to be made at least once in each year by certified public
accountants and the cost thereof may be treated as a part of the cost of construction or
operation of the project. The records, books, and accounts of the Authority shall be
subject to examination and inspection by duly authorized representatives of the governing

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