§ 12-405

Md. Code Ann., Hous. & Cmty. Dev. § 12-405

Power of authority to vest rights in obligee

Effective Oct 1, 2006Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.State of Maryland

(1) take possession of a housing project;
(2) have a receiver of a housing project appointed; or
(3) acquire title to a housing project, through foreclosure or otherwise, free from all restrictions of this subtitle.

This subtitle does not limit the power of an authority to vest in an obligee the right, if the authority defaults, to:

Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.