Maryland Code, Economic Development § 10-524

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.

(b) A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.

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Cite this article: FindLaw.com - Maryland Code, Economic Development § 10-524 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-10-524/

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