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Section 11-317 - Powers -- Borrowing Authority — Maryland Law | CourtGPT
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  8. Section 11-317 - Powers -- Borrowing Authority
Maryland Legal Code

Section 11-317 - Powers -- Borrowing Authority

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The authority may: (1) borrow money to finance costs of a project or for any other corporate purpose of the authority; (2) mortgage or otherwise encumber its property or revenues for the loan; and (3) combine projects for financing.