State Codes and Statutes

Statutes > Maryland > Economic-development > Title-11 > Subtitle-5 > 11-514

§ 11-514. Powers - Borrowing authority.
 

The Corporation may: 

(1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation; 

(2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and 

(3) combine projects for financing. 
 

[An. Code 1957, art. 83A, § 5-1205(11); 2008, ch. 306, § 2.]   

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-11 > Subtitle-5 > 11-514

§ 11-514. Powers - Borrowing authority.
 

The Corporation may: 

(1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation; 

(2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and 

(3) combine projects for financing. 
 

[An. Code 1957, art. 83A, § 5-1205(11); 2008, ch. 306, § 2.]   


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-11 > Subtitle-5 > 11-514

§ 11-514. Powers - Borrowing authority.
 

The Corporation may: 

(1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation; 

(2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and 

(3) combine projects for financing. 
 

[An. Code 1957, art. 83A, § 5-1205(11); 2008, ch. 306, § 2.]