Md. Code, Hous. & Cmty. Dev. § 12-405

Current with changes from the 2024 Legislative Session

Section 12-405 - Power of authority to vest rights in obligee

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

(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.

Md. Code, HU § 12-405