§ 5-417. Public property

Latest version.

(a) Declaration of purpose. -- Property of an authority is public property devoted to an essential public and governmental function and purpose.

(b) Income. -- Income of an authority is received for a public and governmental purpose.

HISTORY: An. Code 1957, art. 23A, § 68; 2013, ch. 119, § 2.

                    
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