§ 10–524
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-524 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 5. Maryland Agricultural and Resource-Based Industry Development Corporation
§ 10–524LinkCopy Citation
(a)
A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.
(b)
A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.