reglab/housing_qa huggingface dataset:
MD. Environment Code Ann. §  9-1604 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1604 - Express Powers

    (a)    In addition to the powers set forth elsewhere in this subtitle, but subject to such rules or program directives as the Secretary may from time to time prescribe, the Administration may:        (1)    Adopt and alter an official seal;        (2)    Sue and be sued, plead, and be impleaded;        (3)    Adopt bylaws, rules, and regulations to carry out the provisions of this subtitle;        (4)    Maintain an office at such place as the Secretary may designate;        (5)    Subject to subsection (b) of this section, employ consultants, accountants, attorneys, financial experts, and other personnel and agents as may be necessary in its judgment, and fix their compensation;        (6)    Establish regulations, criteria, or guidelines with respect to loans, loan agreements, loan obligations, grants, grant agreements, and grant obligations;        (7)    Receive and accept from any source, private or public, contributions, grants, or gifts of money or property;        (8)    Enter into contracts of any kind, and execute all instruments necessary or convenient with respect to carrying out the powers in this subtitle to accomplish the purposes of the Administration;        (9)    Make loans, enter into loan agreements, and accept and enforce loan obligations;        (10)    Award grants, enter into grant agreements, and accept and enforce grant obligations;        (11)    Subject to the prior approval of the Board and the Secretary, issue bonds under this subtitle; and        (12)    Do all acts and things necessary or convenient to carry out the powers granted by this subtitle.    (b)    (1)    In accordance with the State budget, the Administration may set the compensation of an Administration employee in a position that:            (i)    Is unique to the Administration;            (ii)    Requires specific skills or experience to perform the duties of the position; and            (iii)    Does not require the employee to perform functions that are comparable to functions performed in other units of the Executive Branch of State government.        (2)    The Secretary of Budget and Management, in consultation with the Secretary, shall determine the positions for which the Administration may set compensation under paragraph (1) of this subsection.    (c)    (1)    This subsection applies to financial assistance provided by the Administration under:            (i)    The Water Quality Fund;            (ii)    The Bay Restoration Fund;            (iii)    The Biological Nutrient Removal Program; and            (iv)    The Supplemental Assistance Program.        (2)    The Administration shall ensure the fair and equitable distribution of financial assistance among wastewater treatment facilities with a design capacity of less than 500,000 gallons per day and wastewater treatment facilities with a design capacity of 500,000 gallons or more per day.
MD. Environment Code Ann. §  9-1606.1 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1606.1 - Linked Deposit Loans

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Lender” means a financial institution that:            (i)    Is eligible to make commercial loans;            (ii)    Agrees to receive linked deposits under this subtitle; and            (iii)    1.    Is a public depository of State funds insured by the Federal Deposit Insurance Corporation; or                2.    Is an institution of the Farm Credit System organized under the Farm Credit Act of 1971, as amended.        (3)    “Linked deposit” means a deposit or investment that is placed by the Administration with a lender and earns income below the prevailing market rate for equivalent deposits or investments made with the lender at the time of the deposit or investment.        (4)    “Linked deposit loan” means a loan from a lender to a borrower that:            (i)    Is used for the purposes of § 9-1605(d)(6) or § 9-1605.1(d)(7) of this subtitle; and            (ii)    Is provided at an interest rate below the prevailing market rate to the same extent income earned on the linked deposit is below income paid on equivalent deposits.        (5)    “Linked Deposit Program” means a program established by the Administration whereby a linked deposit is placed with a lender based on the agreement of the lender to provide a linked deposit loan to a borrower.    (b)    (1)    A borrower desiring to acquire a linked deposit loan shall apply to a lender.        (2)    The Administration shall certify to a lender that a borrower is eligible for a linked deposit loan consistent with § 9-1605(d)(6) or § 9-1605.1(d)(7) of this subtitle.    (c)    Upon approval of a linked deposit loan by the lender, the Administration and lender shall enter into an agreement under which the amount and term of, and schedule for payment of principal and interest on, the linked deposit shall be determined.    (d)    On receiving a linked deposit from the Administration, the lender shall execute a loan commitment with the borrower.    (e)    A linked deposit loan is not a debt of the State or a pledge of the credit of the State.
MD. Environment Code Ann. §  9-1607 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1607 - Bonds

    (a)    The Administration may, subject to the prior approval of the Board and the Secretary, issue bonds for the purpose of providing moneys for deposit to a fund.    (b)    With respect to each issue of bonds, the Director shall adopt a bond resolution determining:        (1)    The date or dates of issue;        (2)    The date or dates of maturity and the amount or amounts maturing on such date or dates;        (3)    The fixed or variable rate or rates of interest payable on the bonds, or manner of determining the same, and the date or dates of such payment;        (4)    The form or forms and denomination or denominations, manner of execution and the place or places of payment of the bonds and of the interest thereon, which may be at any bank or trust company within or without this State;        (5)    Whether the bonds or any part thereof shall be made redeemable before maturity and, if so, upon what terms, conditions, and prices; and        (6)    Any other matter relating to the forms, terms, conditions, issuance, and sale of the bonds.    (c)    No person executing the bonds or approving the issuance of the bonds shall be liable personally on the bonds or subject to any personal liability by reason of the issuance of the bonds.    (d)    The Administration may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of or as security for the bonds.
MD. Environment Code Ann. §  9-1608 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1608 - Validity of Signature; Negotiable Instruments; Public or Private Sale

    (a)    If any officer whose signature or a facsimile of whose signature appears on any bonds shall cease to be such officer before the delivery of the bonds, such signature or such facsimile shall nevertheless be valid and sufficient for all purposes the same as if he or she had remained in office until such delivery.    (b)    Notwithstanding any other provisions of this subtitle or any recitals in any bonds issued hereunder, all such bonds shall be deemed to be negotiable instruments under the laws of this State.    (c)    The bonds shall be exempt from the provisions of §§ 19–205 and 19–206 of the Local Government Article and §§ 8–206 and 8–208 of the State Finance and Procurement Article, and the Administration may sell such bonds in such manner, either at public or at private sale, and for such price as it may determine.
MD. Environment Code Ann. §  9-1609 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1609 - Refunding Outstanding Bonds

    (a)    The Administration is authorized, subject to the prior approval of the Board and the Secretary, to provide for the issuance of its bonds for the purpose of refunding any bonds of the Administration then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the earliest or any subsequent date of redemption, purchase, or maturity of such bonds. Refunding bonds may be issued in the discretion of the Director for any public purpose, including, without limitation, the public purposes of realizing savings in the effective costs of debt service, directly or through a debt restructuring, or alleviating an impending or actual default, or relieving the Administration of contractual agreements which in the opinion of the Director have become unreasonably onerous or impracticable or impossible to perform. Refunding bonds, in one or more series, may be issued in an amount in excess of that of the bonds to be refunded. Without limiting the extent of any sources of payment provided by the Administration, refunding bonds may be made payable from escrowed bond proceeds and from interest, income, and profits, if any, on investments.    (b)    The proceeds of any bonds issued for the purpose of refunding outstanding bonds may, in the discretion of the Director, be applied to the purchase or retirement at maturity or redemption of such outstanding bonds either on their earliest or any subsequent redemption date, and may, pending such application, be placed in escrow to be applied to such purchase or retirement at maturity or redemption on such date as may be determined by the Director.    (c)    Any such escrowed proceeds, pending such use, may be invested and reinvested in obligations of or guaranteed by the United States of America, or in certificates of deposit or time deposits secured by obligations of or guaranteed by the United States of America, maturing at such time or times as shall be appropriate to assure the prompt payment, as to principal, interest, and redemption premium, if any, of the outstanding bonds to be so refunded. The interest, income and profits, if any, earned or realized on any such investment may also be applied to the payment of the outstanding bonds to be so refunded. After the terms of the escrow have been fully satisfied and carried out, any balance of such proceeds and interest, income, and profits, if any, earned or realized on the investments thereof may be returned to the Administration for use by it in any lawful manner.
MD. Environment Code Ann. §  9-1610 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1610 - Definitive Bonds, Interim Receipts, Temporary Bonds

    The Administration is further authorized and empowered, subject to the prior approval of the Board and the Secretary:         (1)    To issue, prior to the preparation of definitive bonds, interim receipts or temporary bonds, exchangeable for definitive bonds when such bonds have been executed and are available for delivery; and        (2)    To issue and sell its bond anticipation notes, the principal of and interest on such notes to be made payable to the owner or owners thereof out of the first proceeds of sale of bonds therein designated, and to issue and sell its revenue anticipation notes or grant anticipation notes, the principal of and interest on such notes to be made payable to the owner or owners thereof out of the first receipts of the revenues or grants, as the case may be, therein designated. The authorizing resolution may make provision for the issuance of such notes in series as funds are required and for the renewal of such notes at maturity with or without resale. The issuance of such notes and the details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the Administration in respect thereto shall be governed by the provisions of this subtitle relating to bonds, insofar as the same may be applicable.
MD. Environment Code Ann. §  9-1612 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1612 - Rights of Owner of Bonds or Trustee; Enforcing and Compelling Performance of Duties

    Any owner of bonds and the trustee, except to the extent the rights herein given may be restricted by a bond resolution, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any and all rights under the laws of this State or granted hereunder or under the bond resolution, and may enforce and compel the performance of all duties required by this subtitle or by a bond resolution to be performed by the Administration or by any officer, employee, or agent thereof.
MD. Environment Code Ann. §  9-1613 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1613 - Bonds as Securities

    Bonds are securities in which all public officers and public bodies of the State of Maryland and its political subdivisions and all banks, trust companies, savings and loan associations, investment companies and others carrying on a banking business, all insurance companies and insurance associations and others carrying on an insurance business, all personal representatives, executors, administrators, guardians, trustees and other fiduciaries, and all other persons may legally and properly invest funds, including capital in their control or belonging to them. Bonds are securities which may properly and legally be deposited with and received by a State or municipal officer or any agency or political subdivision of the State for any purpose for which the deposit of bonds or other obligations of the State is now or may hereafter be authorized by law.
MD. Environment Code Ann. §  9-1614 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1614 - Payment of Bonds; Construction of Section; Loan Agreement for Wastewater Facility

    (a)    The bonds shall not be deemed to constitute a debt, liability, or a pledge of the faith and credit of the State of Maryland or of any political subdivision thereof other than the Administration, but such bonds shall be payable solely from the revenues and funds herein provided therefor. However, this section does not limit the ability of a borrower to set, impose, levy, or collect an assessment, rate, fee, tax or charge to pay to the Administration any amounts required under a loan agreement or loan obligation of the borrower.    (b)    Notwithstanding any other provision of public general or public local law, charter, or ordinance regulating the creation of public debts or the making of contracts, a local government may enter into a loan agreement with the Administration for the purpose of financing all or a portion of the cost of a wastewater facility or water supply system. The express powers contained and enumerated in Titles 5 and 10 of the Local Government Article and in the charter of the City of Baltimore are deemed to incorporate and include the power and authority contained in this section.
MD. Environment Code Ann. §  9-1615 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part II - Powers and Duties|Section 9-1615 - Taxation by State

    The bonds of the Administration, their transfer, the interest payable thereon, and any income derived therefrom, including any profit realized in the sale or exchange thereof, shall at all times be exempt from taxation of every kind and nature whatsoever by the State of Maryland or by any of its political subdivisions, municipal corporations, or public agencies of any kind.
MD. Environment Code Ann. §  9-1616 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1616 - Security for Court Costs; Liens

    The Administration shall not be required to give any bond as security for costs, supersedeas, or any other security in any suit or action brought by or against it, or in proceedings to which it may be a party, in any court of this State, and the Administration shall have the remedies of appeal of whatever kind to all courts without bonds, supersedeas, or security of any kind. No builder’s, materialman’s, contractor’s, laborer’s, or mechanic’s liens of any kind or character shall ever attach to or become a lien upon the Water Quality Fund, the Drinking Water Loan Fund, the Bay Restoration Fund, or the Chesapeake and Atlantic Coastal Bays Nonpoint Source Fund, or any property, real or personal, belonging to the Administration and no assignment of wages shall be binding upon or recognized by the Administration.
MD. Environment Code Ann. §  9-1617 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1617 - Financial Accounting

    The Administration shall make provision for a system of financial accounting, controls, audits, and reports in accordance with generally accepted principles of governmental accounting. All accounting systems and records, auditing procedures and standards, and financial reporting for the Water Quality Fund, the Drinking Water Loan Fund, and the Bay Restoration Fund shall conform to the requirements of Title VI of the Federal Water Pollution Control Act, the federal Safe Drinking Water Act, and the Bay Restoration Fund Act, as applicable and, to the extent not inconsistent therewith, generally accepted principles of governmental accounting. As soon as practical after the closing of the fiscal year, an audit shall be made of the financial books, records, and accounts of the Administration. The audit shall be made by independent certified public accountants, selected by the Administration, and licensed to practice in the State as auditors. The auditors may not have a personal interest either directly or indirectly in the fiscal affairs of the Administration. They shall be experienced and qualified in the accounting and auditing of public bodies. The report of audit shall be prepared in accordance with generally accepted auditing principles and point out any irregularities found to exist. The auditors shall report to the Secretary the results of their examination, including their unqualified opinion on the presentation of the financial positions of the Water Quality Fund, the Drinking Water Loan Fund, and the Bay Restoration Fund, and the results of the Administration’s financial operations. If they are unable to express an unqualified opinion they shall state and explain in detail the reasons for their qualifications, disclaimer, or opinion including recommendations necessary to make possible future unqualified opinions.
MD. Environment Code Ann. §  9-1617.1 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1617.1 - Financial Accounting System

    (a)    (1)    The Administration shall make provisions for a system of financial accounting, controls, audits, and reports in accordance with generally accepted principles of governmental accounting.        (2)    All accounting systems and records, auditing procedures and standards, and financial reporting for the Water Quality Fund, the Drinking Water Loan Fund, the Bay Restoration Fund, and the Chesapeake and Atlantic Coastal Bays Nonpoint Source Fund shall conform to the requirements of Title VI of the Federal Water Pollution Control Act, the federal Safe Drinking Water Act, the Bay Restoration Fund Act, and the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund under Title 8, Subtitle 2A of the Natural Resources Article, as applicable, and generally accepted principles of governmental accounting.    (b)    (1)    As soon as practical after the closing of the fiscal year, an audit shall be made of the financial books, records, and accounts of the Administration.        (2)    The audit shall be made by independent certified public accountants, selected by the Administration, and licensed to practice in the State as auditors.        (3)    The auditors:            (i)    May not have a personal interest either directly or indirectly in the fiscal affairs of the Administration; and            (ii)    Shall be experienced and qualified in the accounting and auditing of public bodies.        (4)    The audit report shall be prepared in accordance with generally accepted auditing principles and point out any irregularities found to exist.        (5)    (i)    The auditors shall report to the Secretary the results of their examination, including their unqualified opinion on the presentation of the financial positions of the Water Quality Fund, the Drinking Water Loan Fund, the Bay Restoration Fund, and the Chesapeake and Atlantic Coastal Bays Nonpoint Source Fund and the results of the Administration’s financial operations.            (ii)    If the auditors are unable to express an unqualified opinion, the auditors shall state and explain in detail the reasons for their qualifications, disclaimer, or opinion including recommendations necessary to make possible future unqualified opinions.
MD. Environment Code Ann. §  9-1618 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1618 - Termination of Administration

    The Administration shall continue until terminated by law, except that no such law shall take effect so long as the Administration shall have bonds outstanding, unless adequate provision has been made for the payment thereof. Upon termination of the existence of the Administration, all its rights and properties shall pass to and be vested in the State.
MD. Environment Code Ann. §  9-1619 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1619 - Severability

    The provisions of this subtitle are severable, and if any of its provisions are held unconstitutional by any court of competent jurisdiction, the decision of the court shall not affect or impair any of the remaining provisions.
MD. Environment Code Ann. §  9-1620 (2021)
2021 Maryland Statutes|Environment|Title 9 - Water, Ice, and Sanitary Facilities|Subtitle 16 - Maryland Water Quality Financing Administration|Part III - Miscellaneous Provisions|Section 9-1620 - Additional Powers; No Derogation of Existing Powers

    This subtitle shall be deemed to provide an additional and alternative method for the doing of things authorized hereby and shall be regarded as supplemental and additional to powers conferred by other laws, and shall not be regarded as in derogation of any powers now existing.