# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 1. Maryland Economic Development Corporation

#### Section 10-105

(a) There is a Maryland Economic Development Corporation.

(b) The Corporation is a body politic and corporate and is an instrumentality of the State.

(c) The exercise by the Corporation of a power under this subtitle is the performance of an essential governmental function.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)