Maryland § 10-314
Full text of Maryland Maryland Code § 10-314, with citation guidance and answers to common questions.
§ 10-314.
(a) The Authority may:
(1) adopt bylaws for the conduct of its business;
(2) sue and be sued;
(3) adopt a seal;
(4) maintain an office at a place it designates;
(5) issue bonds in accordance with this subtitle;
(6) accept a grant, loan, or other assistance in any form from any public or private source, subject to the provisions of this subtitle;
(7) charge to and equitably allocate among participating institutions the administrative costs and expenses of carrying out this subtitle; and
(8) do all things necessary or convenient to carry out the powers expressly granted by this subtitle.
(b) (1) A health care institution may not use any money received from a bond issued by the Authority to match any State loan or grant that is available for improvement of a health care institution.
(2) The Authority shall comply with the terms and conditions of assistance received in accordance with subsection (a)(6) of this section.
(c) The Authority may delegate to a member or officer a power granted to the Authority by this subtitle, including the power to execute a bond, certificate, deed, lease, mortgage, agreement, or other document or instrument.
Frequently Asked Questions About Maryland § 10-314
What does Maryland Code § 10-314 cover?
Section 10-314 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-314?
A common citation format is "Maryland Code § 10-314" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-314 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.