# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 4. Maryland Industrial Development Financing Authority

#### Section 5-415

(a) The Authority may approve, or may authorize the Executive Director to approve, the form of an agreement by the Authority under this subtitle.

(b) Any money that the Authority pays under an agreement the Authority makes under this subtitle shall be payable as and when the Authority determines in its sole discretion.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)