This subtitle does not limit the power of an authority to vest in an obligee the right, if the authority defaults, to:
(1) take possession of a housing project;
(2) have a receiver of a housing project appointed; or
(3) acquire title to a housing project, through foreclosure or otherwise, free from all restrictions of this subtitle.
Structure Maryland Statutes
Housing and Community Development
Division II - Housing Authorities
Title 12 - Provisions of Statewide Applicability
Subtitle 4 - Duties of Authorities
Section 12-401 - Statement of Policy
Section 12-402 - Rental Requirements
Section 12-403 - Applicability of Local Law
Section 12-404 - Obligations of Authority to Political Subdivision
Section 12-405 - Power of Authority to Vest Rights in Obligee