§ 5–427
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-427 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–427LinkCopy Citation
(a)
The Authority shall send a written request to the Board of Public Works for additional money if:
(1)
the Authority and the Secretary find that more money is needed to keep the reserves of the Fund at an adequate level; and
(2)
the Secretary consents to the request.
(b)
The Board of Public Works may disburse the requested amount from the General Emergency Fund.