Maryland Statutes
Part II - Maryland Health and Higher Educational Facilities Authority
Section 10-306 - Established

(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.

Structure Maryland Statutes