Maryland Code, Economic Development § 5-427

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

(a) The Authority shall send a written request to the Board of Public Works for additional money if:

(1) the Authority and the Secretary find that more money is needed to keep the reserves of the Fund at an adequate level; and

(2) the Secretary consents to the request.

(b) The Board of Public Works may disburse the requested amount from the General Emergency Fund.

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Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-427 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-427/

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