State Codes and Statutes

Statutes > Maryland > Economic-development > Title-10 > Subtitle-1 > 10-126

§ 10-126. Rates and charges.
 

(a)  Charges for services.- The Corporation may: 

(1) fix and collect rates or charges for its services; 

(2) establish the terms and conditions for the services; and 

(3) contract with a person for the use of the Corporation's services. 

(b)  Charges not regulated.- The rates or charges of the Corporation are not subject to supervision or regulation by a governmental unit. 

(c)  Use of earnings.- Subject to any agreement, the Corporation may apply the rates, charges, and other revenues received by the Corporation to any lawful purpose. 

(d)  Benefit of earnings.- Except as necessary to pay debt service or implement programs of the Corporation, the net earnings of the Corporation may not benefit a person other than the State. 
 

[An. Code 1957, art. 83A, § 5-207; 2008, ch. 306, § 2.]   

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-10 > Subtitle-1 > 10-126

§ 10-126. Rates and charges.
 

(a)  Charges for services.- The Corporation may: 

(1) fix and collect rates or charges for its services; 

(2) establish the terms and conditions for the services; and 

(3) contract with a person for the use of the Corporation's services. 

(b)  Charges not regulated.- The rates or charges of the Corporation are not subject to supervision or regulation by a governmental unit. 

(c)  Use of earnings.- Subject to any agreement, the Corporation may apply the rates, charges, and other revenues received by the Corporation to any lawful purpose. 

(d)  Benefit of earnings.- Except as necessary to pay debt service or implement programs of the Corporation, the net earnings of the Corporation may not benefit a person other than the State. 
 

[An. Code 1957, art. 83A, § 5-207; 2008, ch. 306, § 2.]   


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-10 > Subtitle-1 > 10-126

§ 10-126. Rates and charges.
 

(a)  Charges for services.- The Corporation may: 

(1) fix and collect rates or charges for its services; 

(2) establish the terms and conditions for the services; and 

(3) contract with a person for the use of the Corporation's services. 

(b)  Charges not regulated.- The rates or charges of the Corporation are not subject to supervision or regulation by a governmental unit. 

(c)  Use of earnings.- Subject to any agreement, the Corporation may apply the rates, charges, and other revenues received by the Corporation to any lawful purpose. 

(d)  Benefit of earnings.- Except as necessary to pay debt service or implement programs of the Corporation, the net earnings of the Corporation may not benefit a person other than the State. 
 

[An. Code 1957, art. 83A, § 5-207; 2008, ch. 306, § 2.]