§ 21A-112. Disposition of earnings and assets.

Latest version.

(a)

The net earnings of the Authority, apart from those necessary to pay debt service or to implement the purposes of this Subtitle, may not inure to the benefit of any person other than the County.

(b)

On termination of the Authority, all rights and title to all assets of the Authority shall vest in, and all obligations and assets of the Authority shall be transferred to and be assumed by, the County.

(Laws 1996, ch. 491)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');