Maryland Statutes
Part II - Formation and Organization; Termination
Section 9-905 - Purposes of Authorities

An authority:
        (1)    Is an instrumentality that exercises public and essential government functions;
        (2)    Provides for the public health and welfare; and
        (3)    May acquire, hold, construct, extend, repair, improve, operate, or lease as a lessor or lessee 1 or more projects that are wholly or partly within 1 or more of the member political subdivisions.