Section 11-317 - Powers - Borrowing authority.
§ 11-317. Powers - Borrowing authority.
The authority may:
(1) borrow money to finance costs of a project or for any other corporate purpose of the authority;
(2) mortgage or otherwise encumber its property or revenues for the loan; and
(3) combine projects for financing.
[An. Code 1957, art. 83A, § 5-1705(11), (12); 2008, ch. 306, § 2.]