§ 5–406
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-406 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–406LinkCopy Citation
(a)
There is a Maryland Industrial Development Financing Authority in the Department.
(b)
The Authority is a body politic and corporate and is an instrumentality of the State.
(c)
The exercise by the Authority of power under this subtitle is the performance of an essential governmental function.