§ 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.

HISTORY: An. Code 1957, art. 83A, § 5-1033(1)-(3); 2008, ch. 306, § 2.