(a) A law to terminate the Authority may not take effect until adequate provision is made to pay each outstanding bond and other obligation of the Authority.
(b) On termination of the Authority, its rights and property pass to the State.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 10 - Statewide Development Resources and Revenue Authorities
Subtitle 3 - Maryland Health and Higher Educational Facilities Authority
Part II - Maryland Health and Higher Educational Facilities Authority
Section 10-308 - Quorum; Compensation
Section 10-309 - Executive Director
Section 10-310 - General Counsel
Section 10-313 - Applicability of Other Laws
Section 10-314 - Powers -- in General
Section 10-315 - Powers -- Projects
Section 10-316 - Expenses; Liability
Section 10-317 - Inspection of Public Records