Maryland Statutes
Part II - Maryland Health and Higher Educational Facilities Authority
Section 10-314 - Powers -- in General

(a)    The Authority may:
        (1)    adopt bylaws for the conduct of its business;
        (2)    sue and be sued;
        (3)    adopt a seal;
        (4)    maintain an office at a place it designates;
        (5)    issue bonds in accordance with this subtitle;
        (6)    accept a grant, loan, or other assistance in any form from any public or private source, subject to the provisions of this subtitle;
        (7)    charge to and equitably allocate among participating institutions the administrative costs and expenses of carrying out this subtitle; and
        (8)    do all things necessary or convenient to carry out the powers expressly granted by this subtitle.
    (b)    (1)    A health care institution may not use any money received from a bond issued by the Authority to match any State loan or grant that is available for improvement of a health care institution.
        (2)    The Authority shall comply with the terms and conditions of assistance received in accordance with subsection (a)(6) of this section.
    (c)    The Authority may delegate to a member or officer a power granted to the Authority by this subtitle, including the power to execute a bond, certificate, deed, lease, mortgage, agreement, or other document or instrument.

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