§ 5–425
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-425 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–425LinkCopy Citation
(a)
The Fund is a continuing, nonlapsing fund that is not subject to reversion under § 7-302 of the State Finance and Procurement Article.
(b)
The Fund consists of:
(1)
money appropriated in the State budget to the Fund;
(2)
premiums, fees, and any other money received by the Authority with respect to financial assistance provided by the Authority from the Fund;
(3)
proceeds from the sale, lease, or other disposition of property of the Authority;
(4)
interest received from linked deposits made from the Linked Deposit Program under Part VI of this subtitle; and
(5)
any other money made available under this subtitle.