Maryland § 10-614
Full text of Maryland Maryland Code § 10-614, with citation guidance and answers to common questions.
§ 10-614.
Subject to the approval of the Board of Public Works, the Authority may:
(1) borrow money from any source for any corporate purpose, including working capital for its operations, reserve funds, or interest;
(2) mortgage, pledge, or otherwise encumber the property or funds of the Authority;
(3) contract for the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers; and
(4) receive and accept from any public or private source contributions, gifts, or grants of money or property and invest the money or property as a whole or in part.
Frequently Asked Questions About Maryland § 10-614
What does Maryland Code § 10-614 cover?
Section 10-614 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 § 10-614?
A common citation format is "Maryland Code § 10-614" (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 § 10-614 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.