Maryland Code, Local Government § 26-701

(1) hire employees;

(2) buy, hire, or rent machines, and buy explosives;

(3) award contracts;

(4) enter into an agreement with any county, State, or federal unit of government; and

(5) do other acts as necessary, including borrowing money, in the name of the board of managers, if the borrowing is approved by the county commissioners or county council.

(1) keep a regular account of its income and expenses; and

(2) report its income and expenses to the annual meetings of the drainage association and meetings of the landowners.