{"data":{"id":"us-md/md.-code-economic-development-10-614","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–614","heading":"","body":"Subject to the approval of the Board of Public Works, the Authority may:\n(1) borrow money from any source for any corporate purpose, including working capital for its operations, reserve funds, or interest;\n(2) mortgage, pledge, or otherwise encumber the property or funds of the Authority;\n(3) contract for the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers; and\n(4) receive and accept from any public or private source contributions, gifts, or grants of money or property and invest the money or property as a whole or in part.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=10-614","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"5210f4901d013672c58b09fd0b699393073648ffec06d53d0cf1d02fedf57ac8","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-613","next":"us-md/md.-code-economic-development-10-615"},"notice":"GroundRules: Original legal text. Not legal advice."}