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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) There is a Maryland Health and Higher Educational Facilities Authority.
(b) The Authority is a body politic and corporate and is an instrumentality of the State.
(c) The exercise of a power under this subtitle is the performance of an essential governmental function.
(d) 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.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 10-306 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-10-306/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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