§ 11-317
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/md/economic-development/11-317A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–317.
The authority may:
(1)borrow money to finance costs of a project or for any other corporate purpose of the authority;
(2)mortgage or otherwise encumber its property or revenues for the loan; and
(3)combine projects for financing.