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<section article="gec" article_name="Economic Development" number="5-307" title_number="5" title_name="Economic Development and Financial Assistance Programs" subtitle_number="3" subtitle_name="Maryland Economic Development Assistance Authority and Fund">
  <level label="a">
    <text>The members of the Authority may act concurrently in their capacities as members of the Authority and of the Maryland Industrial Development Financing Authority.</text>
  </level>
  <level label="b">
    <text>The members of the Authority shall carry out the powers and duties of the Authority under this subtitle whether acting:</text>
    <level label="1">
      <text>concurrently as members of the Authority and the Maryland Industrial Development Financing Authority; or</text>
    </level>
    <level label="2">
      <text>as members of either authority alone.</text>
    </level>
  </level>
  <level label="c">
    <text>The members of the Authority shall conduct the business of the Authority and of the Maryland Industrial Development Financing Authority under Subtitle 4 of this title.</text>
  </level>
</section>
