(a) The Secretary shall execute and file proposed articles of incorporation of an authority with the State Department of Assessments and Taxation.
(b) The proposed articles of incorporation shall state:
(1) the name of the authority;
(2) that the authority is formed under this subtitle;
(3) the names, addresses, and terms of office of the first members of the Board of the authority;
(4) the location of the principal office of the authority;
(5) the purposes for which the authority is formed; and
(6) the powers of the authority, subject to the restrictions or limitations on the powers of the authority under this subtitle.
(c) Acceptance of the articles for record by the State Department of Assessments and Taxation is conclusive evidence of the formation of the authority.
(d) (1) The Board may amend the articles of incorporation.
(2) Any amendment to the articles of incorporation shall be filed with the State Department of Assessments and Taxation.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 11 - Military Installation Support
Subtitle 3 - Local Redevelopment Authorities
Section 11-302 - Legislative Findings; Intent
Section 11-303 - Construction of Subtitle
Section 11-304 - Incorporation
Section 11-306 - Board of Directors
Section 11-310 - Executive Director
Section 11-311 - Staff; Consultants
Section 11-312 - Applicability of Other Laws
Section 11-313 - Accounting; Fiscal Year
Section 11-314 - Money of Authority
Section 11-315 - Powers -- in General
Section 11-316 - Powers -- Projects
Section 11-317 - Powers -- Borrowing Authority
Section 11-318 - Bond Authorization
Section 11-319 - Liability; Full Faith and Credit
Section 11-320 - Project Financing
Section 11-321 - Rates and Charges; Revenues