The phrase "authorized to acquire" is correct and usable in written English.
You can use it in contexts where someone has been given permission or the legal right to obtain something, such as assets, property, or information.
Example: "The company is authorized to acquire new technologies that enhance its product offerings."
Alternatives: "permitted to obtain" or "empowered to purchase".
The report by a state commission charged with finding ways to raise badly needed money for the Metropolitan Transportation Authority made it sound quite simple: The authority, it said, "should be authorized to acquire the East River and Harlem River bridges from New York City, and it should be empowered to impose an electronic cashless system of tolls".
"NSA was authorized to acquire telephony and internet metadata for communications with at least one communicant outside the United States or for which no communicant was known to be a citizen of the United States," the draft report states.
The Secretary is authorized to acquire lands or interests in lands by donation, purchase with donated or appropriated funds or exchange, not to exceed approximately 20 acres, in Acadian villages and towns.
Subsequently, the legislature passed the act of April 3d, 1903, (also amending the above act of February 2d, 1903), whereby the city was authorized to acquire, own, and operate a system of waterworks, either by purchase or construction, and for that purpose power was given to issue interestbearing coupon bonds to an amount not exceeding $750,000, under the restrictions named in the act.
(1) for "Within the Barataria Marsh Unit the Secretary is authorized to acquire not to exceed eight thousand six hundred acres of lands, waters, and interests therein (hereinafter referred to as the 'core area'), as depicted on the map referred to in section 230 of this title, by donation, purchase with donated or appropriated funds, or exchange"., inserted par.
In this connection the Secretary is authorized to acquire and maintain public roads, other than State highways, necessary to serve the public use facilities within the National Area, and to establish and maintain, at Federal cost an interior and circulating road system sufficient to meet the purposes of this section.
Two years later, the Port Authority of New York and New Jersey was authorized to develop the center above a new station for the Hudson & Manhattan Railroad, which was acquired by the Port Authority and is now known as PATH.
Revenue bond, also called limited obligation bond, bond issued by a municipality, state, or public agency authorized to build, acquire, or improve a revenue-producing property such as a mass transit system, an electric generating plant, an airport, or a toll road.
Act July 16, 1952, § 3(c), authorized Commission to acquire land for monitoring stations and related facilities.
After reviewing the evidentiary record, the Board adopted, with modifications, the findings and conclusions of the ALJ and authorized BAC to acquire Schwab.
The Board authorized BAC to acquire Schwab, holding that a securities business, such as Schwab, that is essentially confined to the purchase and sale of securities for the account of third parties, without providing investment advice to the purchaser or seller, is "closely related" to banking within the meaning of § 4(c)(8).
