Md. Code, Econ. Dev. § 5-424

Current with changes from the 2024 Legislative Session

Section 5-424 - Purpose

The Fund shall be used:

(1) for the purposes described in Part VI and §§ 5-430, 5-431, and 5-438 of this subtitle; and

(2) to pay expenses of the Authority, including expenses:

(i) for administrative, legal, actuarial, and other services;

(ii) related to:

1. issuance or insurance of bonds and authorized purpose obligations; and

2. funding of reserves; and

(iii) of providing other financial assistance under this subtitle.

Md. Code, EC § 5-424

Amended by 2020 Md. Laws, Ch. 628,Sec. 1, eff. 5/8/2020.