Plain Text Law

§ 5–424

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 5-424 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority

§ 5–424Copy Citation

The Fund shall be used:
(1)
for the purposes described in Part VI and §§ 5–430, 5–431, and 5–438 of this subtitle; and
(2)
to pay expenses of the Authority, including expenses:
(i)
for administrative, legal, actuarial, and other services;
(ii)
related to:
(1)
issuance or insurance of bonds and authorized purpose obligations; and
(2)
funding of reserves; and
(iii)
of providing other financial assistance under this subtitle.