§ 5–437
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-437 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–437LinkCopy Citation
(a)
The Authority may authorize the Executive Director of the Authority to approve, on behalf of the Authority, financial assistance under § 5–431 of this subtitle not exceeding the aggregate amount of $250,000 for a single transaction.
(b)
An approval by the Executive Director under this section:
(1)
is subject to concurrence of the Secretary, the Secretary’s designee, or the chair of the Authority;
(2)
shall comply with the requirements of this subtitle; and
(3)
is binding on the Authority.