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.
Md. Code Ann., Econ. Dev. § 11-317
Known as the Maryland Local Military Installation Redevelopment Authority Act
The act spans §§ 11-301 to 11-325 (25 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.