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Statutes Text

Article - Economic Development




§5–567.

    The Authority may:

        (1)    prescribe or approve the form of and terms and conditions in applications, guaranty agreements, or any other documents entered into by the Authority, principals, or sureties under the Program;

        (2)    acquire or take assignments of documents executed, obtained, or delivered in connection with any assistance the Authority provides under the Program;

        (3)    set and collect premiums, fees, charges, costs, and expenses in connection with any assistance the Authority provides under the Program;

        (4)    adopt regulations to carry out the Program; and

        (5)    do anything necessary or convenient to carry out its powers and the purposes of the Program.



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