The authority shall comply with Title 5, chapter 65.

§8218. Property of authority

1.__Property of authority.__All property of the authority pursuant to the provisions of this chapter is exempt from levy and sale by virtue of any execution, and an execution or other judicial process is not a valid lien upon property held pursuant to the provisions of this chapter.__ The authority may use its property only for the purposes set forth in this chapter.

2.__Entry upon lands.__The authority and its authorized agents and employees may enter upon any lands or waters in the State for the purpose of making surveys, soundings, drillings and examinations as it determines necessary or convenient for the purpose of this chapter and the entry is not a trespass nor is the authority liable for the discovery of any form of waste or environmental contamination.

3.__Authority for transfer of interest in land to authority.__ Any county, municipality or other political subdivision, any public agency or commission of the State and any public service corporation or district, notwithstanding any contrary provisions of law, may lease, lend, grant or convey to the authority, upon its request and upon terms and conditions the proper authorities of the political subdivision, agency, commission, public service corporation or district determine reasonable and fair, any real or personal property or rights in the property that are necessary or convenient to the effectuation of the authorized purposes of the authority, including real and personal property or rights in the property already devoted to public use.__As used in this subsection, the term "public service corporation" includes a public utility as defined in Title 35-A, section 102, subsection 13 and a corporation as defined in Title 13-C, section 102, subsection 4.

§8219. Exemption from taxes

Because the accomplishment by the authority of the authorized purpose stated in this chapter is for the benefit of the people of the State and for the improvement of their commerce and prosperity and is the performance of essential governmental functions, the authority may not be required to pay any taxes or assessment on any property acquired or used by it for the purposes provided in this chapter, except that service facilities leased or rented by the authority to business entities are subject to taxation and assessments must be made against the