Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 11-413 - Powers -- Borrowing Authority — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Economic Development - Division I - Secretary of Commerce and Department of Commerce/
  5. Division II - Independent and Regional Development Units and Resources/
  6. Title 11 - Military Installation Support/
  7. Subtitle 4 - Bainbridge Development Corporation/
  8. Section 11-413 - Powers -- Borrowing Authority
Maryland Legal Code

Section 11-413 - Powers -- Borrowing Authority

Ask AI about this
The Corporation may: (1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation; (2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and (3) combine projects for financing.