Plain Text Law

§ 12–114

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 12-114 (2026)
Title 12. Local Development Authorities and Resources
Subtitle 1. Economic Development Revenue Bond Act

§ 12–114Copy Citation

A finding by the legislative body of a county or municipal corporation, the board of directors of an authority, or the Maryland Industrial Development Financing Authority as to the public purpose of an action taken under this subtitle, and the appropriateness of that action to serve the public purpose, is conclusive in a proceeding involving the validity or enforceability of a bond, or security for a bond, issued under this subtitle.