§ 5-567. Powers of Authority -- Program

MD Econ Dev Code § 5-567 (2019) (N/A)
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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.