§ 5–440
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-440 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–440LinkCopy Citation
(a)
The Authority may not charge a premium for insurance if the Authority determines that, at the time the insurance is approved, the facility or business for which the Authority provides insurance is located in a Tier I county.
(b)
A determination by the Authority under subsection (a) of this section for a facility or business is effective for as long as the financial assistance is in effect.