§ 10–619
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-619 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 6. Maryland Stadium Authority
§ 10–619LinkCopy Citation
(a)
Subject to the prior approval of the Board of Public Works, the Authority may:
(1)
hold an ownership interest in or operate a professional football or major league professional baseball team or team franchise for up to 2 years during a transition to private ownership; and
(2)
continue to hold, but not operate, an ownership interest in a professional football or major league professional baseball team during a transition of the team without a time limitation.
(b)
If necessary, the Board of Public Works may renew its approval under subsection (a) of this section each year.