§ 5–426
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-426 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–426LinkCopy Citation
(a)
The Treasurer shall:
(1)
invest the money in the Fund in the same manner as other State money may be invested; and
(2)
credit any investment earnings to the Fund.
(b)
Any net investment earnings of the Fund, beyond those necessary to further the purposes of this subtitle, may not benefit a person other than the State.