§ 11-316. Powers -- Projects  


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  •    The authority may:

       (1) acquire, improve, develop, manage, market, lease as lessor or lessee, operate, and maintain a project; and

       (2) acquire, either directly or by or through an agreement with the United States Department of Defense or a military service, by purchase or otherwise, any property, rights, rights-of-way, franchises, easements, and other interests in land, including land lying under water and riparian rights located in or outside the State as necessary or convenient to improve or operate a project on terms and at prices that the authority considers to be reasonable.


HISTORY: An. Code 1957, art. 83A, § 5-1705(7), (10); 2008, ch. 306, § 2.