reglab/housing_qa huggingface dataset:
MD. Financial Institutions Code Ann. §  13-1103 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part II - Maryland Heritage Areas Authority|Section 13-1103 - Authority Established

    (a)    There is a Maryland Heritage Areas Authority, established as:        (1)    A body corporate and politic; and        (2)    An instrumentality of the State.    (b)    The Authority is an independent unit of government in the Executive Branch of government that operates in the Department of Planning.    (c)    The exercise by the Authority of the powers conferred by this subtitle is the performance of an essential public function.
MD. Financial Institutions Code Ann. §  13-1105 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part II - Maryland Heritage Areas Authority|Section 13-1105 - Quorum; Required Vote; Meetings; Compensation

    (a)    Nine voting members of the Authority are a quorum.    (b)    An action of the Authority must receive the affirmative vote of at least a majority of the voting members of the Authority.    (c)    The Authority shall determine the times and places of its meetings.    (d)    A member of the Authority:        (1)    May not receive compensation; but        (2)    Is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
MD. Financial Institutions Code Ann. §  13-1106 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part II - Maryland Heritage Areas Authority|Section 13-1106 - Staff

    (a)    In accordance with the State budget, the Maryland Historical Trust shall dedicate administrative staff for the Authority.    (b)    (1)    As the Authority considers appropriate, the Authority may request other units of State government to detail staff or provide technical assistance to recognized and certified heritage areas.        (2)    On request of the Authority, other units of State government may detail staff or technical assistance to specific recognized or certified heritage areas.
MD. Financial Institutions Code Ann. §  13-1108 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part II - Maryland Heritage Areas Authority|Section 13-1108 - Duties of Authority

    The Authority shall:         (1)    Meet at least twice each year;        (2)    Develop and adopt standards, criteria, and guidance for its review and approval of recognized and certified heritage area designations, management plans, grants and loans, or other approvals required under this subtitle;        (3)    Assist in coordinating State actions with the objectives of the system of heritage areas and assist and make recommendations necessary to carry out the purposes of this subtitle;        (4)    (i)    Review complaints made by local governments or other entities established to administer heritage areas that relate to activities undertaken by State agencies which may adversely affect heritage area resources; and            (ii)    Resolve any disputes that may arise in connection with the exercise of its authority under this subtitle; and        (5)    Not less than once a year, submit reports to the Governor and the General Assembly concerning progress toward implementing the heritage areas system, including recommendations for the future.
MD. Financial Institutions Code Ann. §  13-1109 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part III - Maryland System of Heritage Areas|Section 13-1109 - Maryland System of Recognized and Certified Heritage Areas

    There is a Maryland system of recognized heritage areas and certified heritage areas that:         (1)    Reflects the cultural themes of the State’s development; and        (2)    Provides educational, inspirational, economic, and recreational benefits for present and future generations.
MD. Financial Institutions Code Ann. §  13-1112 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part III - Maryland System of Heritage Areas|Section 13-1112 - Program Statement for Certified Heritage Areas

    (a)    (1)    The State officials under items (i) through (vii) of this subsection who have program responsibilities that affect aspects of the interpretation, preservation, development, and use of heritage area resources shall prepare a program statement detailing actions in the areas of planning, development, use, assistance, and regulation that support and assist the establishment and management of certified heritage areas, as follows:            (i)    Secretary of Planning regarding local government adoption of heritage area management plans and regarding historic preservation and museum programs;            (ii)    Secretary of Housing and Community Development regarding housing and neighborhood revitalization;            (iii)    Secretary of Commerce regarding the State tourism program and economic development and job creation activities;            (iv)    Secretary of Natural Resources regarding outdoor recreation and the management of natural resources, including State greenways;            (v)    Secretary of Higher Education regarding educational resources and their interpretation;            (vi)    Secretary of Transportation regarding access to and transportation within certified heritage areas, including the scenic byways program and programs for special signage; and            (vii)    Secretary of General Services regarding the management and disposition of State property.        (2)    The State officials shall submit the program statements required under paragraph (1) of this subsection, and any revisions of the statements, to the Authority.    (b)    Units of State government that conduct or support activities affecting a certified heritage area shall:        (1)    Consult, cooperate, and to the maximum extent feasible, coordinate their activities with the unit or entity responsible for the management of each certified heritage area;        (2)    To the maximum extent practicable, carry out the activities of the unit in a manner that is consistent with the approved management plan for the certified heritage area; and        (3)    When conducting a review of activities under §§ 5A–325 and 5A–326 of the State Finance and Procurement Article, assure that the activities will not have an adverse effect on the historic and cultural resources of the certified heritage area, unless there is no prudent and feasible alternative.
MD. Financial Institutions Code Ann. §  13-1113 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part III - Maryland System of Heritage Areas|Section 13-1113 - Grants and Loans

    (a)    As provided in the State budget, the Authority may award:        (1)    Grants and loans to local jurisdictions or other appropriate entities for planning, design, acquisition, development, preservation, restoration, interpretation, marketing, and programming of certified heritage areas; and        (2)    Grants to local jurisdictions or other appropriate entities to develop management plans in recognized heritage areas.    (b)    A grant to develop a management plan may not exceed 50% of the cost of the management plan.    (c)    An acquisition or development grant:        (1)    May not be used for any purpose other than implementation of the certified heritage area in conformity with the approved management plan; and        (2)    May not exceed 50% of the total project cost for which the grant is awarded.    (d)    (1)    Subject to paragraph (2) of this subsection, the Authority may make program grants to local jurisdictions and other appropriate entities:            (i)    To develop and present interpretive exhibits, materials or other appropriate products to further the educational and recreational objectives of the certified heritage areas program; and            (ii)    To encourage revitalization of, and reinvestment in, certified heritage area resources.        (2)    A program grant made by the Authority under paragraph (1) of this subsection may not exceed 50% of the estimated project cost.    (e)    Through the resources of the members of the Authority and in cooperation with other State agencies, the Authority shall provide technical assistance to management entities implementing a management plan.
MD. Financial Institutions Code Ann. §  13-1114 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part III - Maryland System of Heritage Areas|Section 13-1114 - Maryland Heritage Areas Authority Financing Fund

    (a)    There is a Maryland Heritage Areas Authority Financing Fund.    (b)    (1)    The Authority shall use the Fund as a continuing, nonlapsing, revolving fund for carrying out the purposes of this subtitle.        (2)    No part of the Fund may revert or be credited to the General Fund or to any other special fund of the State.    (c)    The Authority shall place all of the following receipts in the Fund:        (1)    Proceeds from the sale of bonds;        (2)    Revenues that the Authority collects or receives from any source under this subtitle; and        (3)    Any additional revenue, gift, donation, or money received or paid to it from any other source authorized by law.    (d)    The Authority shall pay all expenses and make all expenditures from the Fund.    (e)    (1)    The Authority may pledge and charge all or a portion of the receipts of the Fund for the payment of:            (i)    Debt service on bonds of the Authority; and            (ii)    All reasonable charges and expenses related to borrowing by the Authority and management of the obligations of the Authority.        (2)    A pledge made under paragraph (1) of this subsection is effective as provided in § 13–1119 of this subtitle and any applicable resolution of the Authority.    (f)    The State Treasurer shall:        (1)    Invest and reinvest the Fund in the same manner as State funds; and        (2)    Transfer any investment earnings to the credit of the Fund.    (g)    (1)    In this subsection, “Program Open Space funds transferred to the Authority” means the money appropriated to the Fund from Program Open Space funds under § 5–903(a) of the Natural Resources Article.        (2)    Except as provided in paragraph (3) of this subsection, Program Open Space funds transferred to the Authority may not be used to pay the operating expenses of the Authority, debt service of bonds issued by the Authority, or administrative expenses related to bonds issued by the Authority.        (3)    (i)    Up to 10% of Program Open Space funds transferred to the Authority may be used to pay the operating expenses of the Authority.            (ii)    Up to 50% of Program Open Space funds transferred to the Authority may be expended for debt service on bonds issued by the Authority.            (iii)    For fiscal year 2012 only, an additional $500,000 of Program Open Space funds transferred to the Authority may be used to pay operating expenses in the Department of Planning.
MD. Financial Institutions Code Ann. §  13-1115 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1115 - Bond Issues

    (a)    (1)    Subject to this part, the Authority may at any time and from time to time issue bonds for the purposes of this subtitle to obtain funds to provide financial assistance for or otherwise support a certified heritage area.        (2)    The Authority may issue the bonds only if it determines that the issuance is necessary to achieve the purposes of this subtitle.        (3)    The Authority may not issue tax-exempt private activity bonds that are subject to the volume cap under § 146 of the Internal Revenue Code.        (4)    The Board of Public Works may not approve the issuance of bonds by the Authority that will result in more than $15,000,000 in an aggregate outstanding and unpaid principal balance of bonds for the Authority at any time.    (b)    (1)    The Authority shall submit each proposed issue of bonds to the Board of Public Works and shall obtain the approval of the Board of Public Works for the proposed issue prior to sale of the bonds.        (2)    In submitting a proposal to issue bonds to the Board of Public Works, the Authority shall identify the source of revenue that supports the debt service on the bonds.    (c)    The Authority:        (1)    Shall by resolution authorize any bonds that it issues; and        (2)    May secure the bonds by a trust agreement between the Authority and a corporate trustee or trustees, which may be any trust company or bank that has the powers of a trust company within or without the State.    (d)    Except as otherwise expressly required by this subtitle, the Authority may issue the bonds or notes without:        (1)    Obtaining the consent of any other unit of State government;        (2)    Any proceedings; or        (3)    The occurrence of any conditions.
MD. Financial Institutions Code Ann. §  13-1116 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1116 - Bonds Payable From Receipts of Authority

    (a)    The bonds of any issue shall be payable solely from the property or receipts of the Authority, including without limitation:        (1)    Fees, charges, or other revenues payable to the Authority;        (2)    Payments by financial institutions, insurance companies, or others pursuant to letters or lines of credit, policies of insurance, or purchase agreements;        (3)    Investment earnings from funds or accounts maintained under a bond resolution or trust agreement;        (4)    Proceeds of refunding bonds; and        (5)    Any other source authorized by law.    (b)    The bonds do not constitute a debt, liability, or pledge of full faith and credit of the State and may not be deemed to constitute a debt, liability, or pledge of the full faith and credit of the State.
MD. Financial Institutions Code Ann. §  13-1117 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1117 - Requirements of Bonds Issued

    The bonds that the Authority issues shall:         (1)    Be issued at, above, or below par value, for cash or other valuable consideration, and mature at a time or times, whether as serial bonds or as term bonds or both, not exceeding the maturity date established by the Authority;        (2)    Bear interest at the fixed or variable rate or rates determined by the method provided in the resolution or trust agreement;        (3)    Be payable at a time or times, in the denominations and form, either coupon or registered or both, registrable as to principal and interest alone or as to both and carry the registration and privileges as to conversion and for the replacement of mutilated, lost, or destroyed bonds as the resolution or trust agreement may provide;        (4)    Notwithstanding any other law, be deemed a “security” within the meaning of § 8-102 of the Commercial Law Article, whether or not it is either one of a class or a series or by its terms is divisible into a class or series of instruments and negotiable for all purposes although payable from a limited source;        (5)    Be payable in lawful money of the United States at a designated place, including one or more banks or trust companies;        (6)    Be subject to the terms of purchase, payment, redemption, refunding, or refinancing that the resolution or trust agreement provides;        (7)    Be executed by the manual or facsimile signatures of the officers of the Authority designated by the Authority, which signatures shall be valid for all purposes at delivery even for an officer who has ceased to hold office; and        (8)    Be sold in the manner and on the terms determined by the Authority, including private (negotiated) sale and be exempt from §§ 8-206, 8-208, and 8-209 of the State Finance and Procurement Article.
MD. Financial Institutions Code Ann. §  13-1118 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1118 - Resolutions or Trust Agreements

    (a)    Any resolution or trust agreement the Authority adopts or enters into under § 13-1115 of this subtitle may contain provisions that:        (1)    Pledge, assign, or direct the use, investment, or disposition of all or a portion of the receipts of the Authority or all or a portion of the proceeds or benefits of any contract and convey or otherwise secure any property or property rights;        (2)    Set aside loan funding deposits, debt service reserves, capitalized interest accounts, cost of issuance accounts, and sinking funds, and regulate, invest, and dispose of these deposits, reserves, accounts, and funds;        (3)    Limit the purpose to which or the investments in which the proceeds of sale of any issue of bonds may be applied and restrict the investment of revenues or bond proceeds as deemed necessary, which may include limiting investments to government obligations for which principal and interest are unconditionally guaranteed by the United States;        (4)    Limit the issuance of additional bonds and specify the terms on which additional bonds may be issued, secured, and rank on parity with, or be subordinate or superior to other bonds;        (5)    Refund or refinance outstanding bonds;        (6)    Establish any procedure concerning the manner in which the terms of any contract with bondholders may be altered or amended, the amount of bonds to which the holders must consent, and the manner in which the holders must consent;        (7)    Define the acts or omissions that constitute a default in the duties of the Authority to holders of bonds and provide the rights and remedies of the holders in the event of a default, which may include provisions that restrict individual right of action by bondholders;        (8)    Provide for guarantees, pledges of property, letters of credit, or other security, or insurance for the benefit of bondholders; and        (9)    Provide for any other matter relating to the bonds that the Authority deems appropriate.    (b)    Any provisions under subsection (a) of this section that the Authority includes in a resolution or trust agreement may be made part of the contract with the holders of the bonds.
MD. Financial Institutions Code Ann. §  13-1119 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1119 - Pledge of Revenues as Security for Issue of Bonds

    (a)    A pledge by the Authority of revenues as security for an issue of bonds shall be valid and binding on and after the date when the documents evidencing the pledge are executed by the Authority.    (b)    (1)    The revenues that the Authority pledges may be made immediately subject to the lien of the pledge without any physical delivery or further act.        (2)    The lien of any pledge of revenue is valid and binding against any person who has any claim in tort, contract, or otherwise against the Authority, whether or not the person has notice.    (c)    In order to perfect the lien on the revenue pledged by the Authority against third persons, a resolution, trust agreement or financing statement, continuation statement, or other instrument that the Authority adopts or enters into need not be filed or recorded in any public record other than the records of the Authority.
MD. Financial Institutions Code Ann. §  13-1120 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1120 - Liability

    No member of the Authority nor any person executing the bonds of the Authority shall be liable personally on the bonds or subject to any personal liability by reason of the issuance of the bonds.
MD. Financial Institutions Code Ann. §  13-1121 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1121 - Refunding Bonds

    (a)    The Authority may issue bonds to refund any of its bonds then outstanding, including the payment of any redemption premium and any interest accrued or to accrue to the earliest or any subsequent date of redemption, purchase, or maturity of the bonds.    (b)    Refunding bonds may be issued in the discretion of the Authority and for any purpose authorized by this subtitle, including:        (1)    (i)    For the public purposes of realizing savings in the effective costs of debt service, directly or through a debt restructuring;            (ii)    For alleviating impending or actual default; or            (iii)    For any other public purpose that the Authority determines is in the best interests of and consistent with the Authority’s long-term financing plan;        (2)    In one or more series; and        (3)    In an amount in excess of that of the bonds to be refunded.
MD. Financial Institutions Code Ann. §  13-1122 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1122 - Agreements to Enhance Marketability or to Provide Security; Investments in Bonds

    (a)    The Authority may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds.    (b)    Any financial institution, investment company, insurance company or association, any personal representative, guardian, trustee, or other fiduciary, and any other public officer or unit of the State or a subdivision of the State may legally invest any money belonging to them or within their control in any bonds issued by the Authority.
MD. Financial Institutions Code Ann. §  13-1123 (2021)
2021 Maryland Statutes|Financial Institutions|Title 13 - State-Operated Financial Programs|Subtitle 11 - Heritage Areas|Part IV - Bonds|Section 13-1123 - Tax Exemption

    The bonds of the Authority, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, are exempt at all times from every kind of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies.