Power of authority to vest rights in obligee

  1. Law
  2. Maryland Code
  3. Housing and Community Development
  4. Housing Authorities
  5. Provisions of Statewide Applicability
  6. Duties of Authorities
  7. Power of authority to vest rights in obligee

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    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.


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