Plain Text Law

§ 5–418

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 5-418 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority

§ 5–418Copy Citation

A member of the Authority, a person executing a bond or agreement of the Authority under this subtitle, or an employee of the Authority, the Department, or the State is not:
(1)
personally liable on a bond or agreement of the Authority; or
(2)
subject to personal liability or accountability arising from the issuance, execution, or delivery of a bond or agreement of the Authority.