State Codes and Statutes

§ 10-306. Established.

(a) In general.- There is a Maryland Health and Higher Educational Facilities Authority.

(b) Status.- The Authority is a body politic and corporate and is an instrumentality of the State.

(c) Essential governmental function.- The exercise of a power under this subtitle is the performance of an essential governmental function.

(d) Public benefit.- The exercise of a power under this article is:

(1) for the benefit of the people of the State;

(2) to increase their commerce, welfare, and prosperity; and

(3) to improve their health, education, and living conditions.

[An. Code 1957, art. 43C, §§ 4(a), 17; 2008, ch. 306, § 2.]

§ 10-306. Established.

(a) In general.- There is a Maryland Health and Higher Educational Facilities Authority.

(b) Status.- The Authority is a body politic and corporate and is an instrumentality of the State.

(c) Essential governmental function.- The exercise of a power under this subtitle is the performance of an essential governmental function.

(d) Public benefit.- The exercise of a power under this article is:

(1) for the benefit of the people of the State;

(2) to increase their commerce, welfare, and prosperity; and

(3) to improve their health, education, and living conditions.

[An. Code 1957, art. 43C, §§ 4(a), 17; 2008, ch. 306, § 2.]

§ 10-306. Established.

(a) In general.- There is a Maryland Health and Higher Educational Facilities Authority.

(b) Status.- The Authority is a body politic and corporate and is an instrumentality of the State.

(c) Essential governmental function.- The exercise of a power under this subtitle is the performance of an essential governmental function.

(d) Public benefit.- The exercise of a power under this article is:

(1) for the benefit of the people of the State;

(2) to increase their commerce, welfare, and prosperity; and

(3) to improve their health, education, and living conditions.

[An. Code 1957, art. 43C, §§ 4(a), 17; 2008, ch. 306, § 2.]

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