Section 12-505 - Exemption from State law on property transactions.
§ 12-505. Exemption from State law on property transactions.
Unless the General Assembly specifically states otherwise, State law on the financing, acquisition, operation, or disposition of property by other State public bodies does not apply to an authority.
[An. Code 1957, art. 44A, § 1-303(b); 2006, ch. 63, § 2.]