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Md. Code, Financial Institutions § 13-1010

This is the official text of Md. Code, Financial Institutions § 13-1010, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.

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§13–1010.

Official statutory text

The Authority shall:

(1) Administer the Heritage Area in accordance with this subtitle;

(2) Subject to § 13-1011 of this subtitle, develop a management plan for the Heritage Area;

(3) Preserve or assist in the preservation of buildings, structures, and settings of historic value in the Heritage Area;

(4) Conduct activities to educate the public about the history and significance of the Heritage Area;

(5) Provide for recreational uses of the Heritage Area for both active and passive pursuits;

(6) Facilitate economic development in the Heritage Area through public and private investment in adaptive reuse, interpretative attractions, or other activities;

(7) To the extent practicable, consult and coordinate its activities with the states of West Virginia and Pennsylvania and appropriate regional entities;

(8) Keep records consistent with sound business practices and accounting records consistent with generally accepted accounting principles;

(9) Cause an audit by an independent licensed certified public accountant to be made of the accounts and transactions of the Authority at the conclusion of each fiscal year;

(10) Be subject to audit and examination at any reasonable time by the Office of Legislative Audits of the Department of Legislative Services concerning the accounts and transactions of the Authority; and

(11) For inclusion for informational purposes in the State budget book, submit annually to the Department of Budget and Management a budget reflecting the operating and capital program of the Authority.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.