Md. Code, Economic Development § 13-612
This is the official text of Md. Code, Economic Development § 13-612, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§13–612.
Official statutory text
(a) In this section, “property manager” means an entity responsible for the management and maintenance of real property, including:
(1) finding tenants;
(2) collecting rent;
(3) paying expenses and applicable taxes;
(4) maintaining utilities and systems; and
(5) taking any necessary actions to manage and operate real property.
(b) The Council may operate in the region.
(c) The Council may:
(1) adopt a seal;
(2) sue;
(3) adopt bylaws and rules for the conduct of its business;
(4) enter into contracts and agreements;
(5) borrow money and accept advances, loans, grants, contributions, and any other form of assistance from the federal government, the State, or other public or private source;
(6) give any required security;
(7) include in any contract for financial assistance with the federal government any reasonable and appropriate condition imposed under federal law that is not inconsistent with the purposes of this subtitle;
(8) execute any instrument and act as necessary, convenient, or desirable to carry out its powers and the purposes of this subtitle; and
(9) act as a property manager of the Southern Maryland Regional Agricultural Center owned by and located within St. Mary’s County.
(d) The Council shall publish its rules.
(1) finding tenants;
(2) collecting rent;
(3) paying expenses and applicable taxes;
(4) maintaining utilities and systems; and
(5) taking any necessary actions to manage and operate real property.
(b) The Council may operate in the region.
(c) The Council may:
(1) adopt a seal;
(2) sue;
(3) adopt bylaws and rules for the conduct of its business;
(4) enter into contracts and agreements;
(5) borrow money and accept advances, loans, grants, contributions, and any other form of assistance from the federal government, the State, or other public or private source;
(6) give any required security;
(7) include in any contract for financial assistance with the federal government any reasonable and appropriate condition imposed under federal law that is not inconsistent with the purposes of this subtitle;
(8) execute any instrument and act as necessary, convenient, or desirable to carry out its powers and the purposes of this subtitle; and
(9) act as a property manager of the Southern Maryland Regional Agricultural Center owned by and located within St. Mary’s County.
(d) The Council shall publish its rules.
Status: in_force · Read it on the official government site
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