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Md. Code, Econ. Dev. § 5-406

Md. Code, Econ. Dev. § 5-406

Maryland · Maryland Code, Economic Development · Status: effective

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Md. Code, Econ. Dev. § 5-406, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1765713
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(a) There is a Maryland Industrial Development Financing Authority in the Department. (b) The Authority is a body politic and corporate and is an instrumentality of the State. (c) The exercise by the Authority of power under this subtitle is the performance of an essential governmental function.