# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 2. Maryland Economic Adjustment Fund

#### Section 5-202

(a) Financial assistance from the Fund may be approved by the Secretary or the Secretary's designee.

(b) The exercise by the Department of the powers granted 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)