Maryland Statutes
Part VI - Small Business Surety Bond Program
Section 5-566 - Powers of Authority -- in General

In administering the Program, the Authority may:
        (1)    use the services of other governmental units;
        (2)    contract for and accept loans and grants from the federal government, the State government, or a local government and their units; and
        (3)    on the terms and conditions it considers advisable:
            (i)    acquire, manage, operate, dispose of, or otherwise deal with property;
            (ii)    take assignments of rentals and leases; and
            (iii)    make contracts, leases, agreements, and arrangements that are necessary or incidental to the performance of its duties.

Structure Maryland Statutes