|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor Ch. 305
|
|
|
|
|
|
|
|
|
|
(c) The Governor may remove an appointed member at the Governor's
pleasure.
5-906.
(a) From among its members, the Authority shall elect a chairman, AND A vice
chairman[, and treasurer].
(b) The manner of election of officers and their terms of office shall be as the
Authority determines.
5-911.
In addition to any other powers set forth in this subtitle, the Authority may:
(1) Adopt bylaws to regulate its affairs and the conduct of its business;
(2) Adopt and use an official seal;
(3) Maintain offices at the places in this State that it designates;
(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;
|
|
|
|
|
|
|
|
|
|
- 1793 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
