Section 10-102 - Trust established.
§ 10-102. Trust established.
(a) In general.- There is a Maryland Affordable Housing Trust.
(b) Status.-
(1) The Trust is an instrumentality of the State and is a body corporate and politic.
(2) The exercise by the Trust of its powers under this title is an essential public function.
(c) Purpose of Trust.- The purpose of the Trust is to make affordable housing more available throughout the State.
(d) Staff.- The Department shall provide staff for the Trust.
[An. Code 1957, art. 83B, §§ 11-102(a), (b), 11-105(b); 2005, ch. 26, § 2.]