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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 13. STATE-OPERATED FINANCIAL PROGRAMS |
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SUBTITLE 10. CANAL PLACE PRESERVATION AND DEVELOPMENT AUTHORITY |
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PART II. CANAL PLACE PRESERVATION AND DEVELOPMENT AUTHORITY |
§ 13-1004. Authority established
Latest version.
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(a) In general. -- There is a body corporate and politic known as the Canal Place Preservation and Development Authority.
(b) Instrumentality of State; public corporation. -- The Authority is an instrumentality of the State and a public corporation by that name, style, and title.
(c) Independent unit. -- The Authority is an independent unit in the Executive Branch of the State government.
(d) Essential public function. -- The exercise by the Authority of the powers conferred by this subtitle is the performance of an essential public function.