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Maryland Code, Economic Development § 5-406

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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.

Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-406 - last updated December 31, 2021 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-406.html


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