1. (a) Subject to constitutional limitations, this State and its political subdivisions may:

   1. (1) Make grants to the Administration;
   2. (2) Guarantee any obligations of the Administration;
   3. (3) Make contributions to meet any operating expenses of the Administration; and
   4. (4) Contract with the Administration, any lender, or any trustee under an indenture or loan agreement made by the Administration.

2. (b) Unless otherwise authorized by law, the Administration:

   1. (1) Does not have any power to impose any commitment or obligation on this State or any of its political subdivisions; and
   2. (2) May not levy any tax.

Added by Acts 1977, c. 13, § 2, eff. July 1, 1977.

Formerly Art. 64B, § 13.