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Md. Code Ann., Econ. Dev. § 5-415

Known as the Maryland Industrial Development Financing Authority Act

The act spans §§ 5-401 to 5-466 (53 sections).

(a) The Authority may approve, or may authorize the Executive Director to approve, the form of an agreement by the Authority under this subtitle.

(b) Any money that the Authority pays under an agreement the Authority makes under this subtitle shall be payable as and when the Authority determines in its sole discretion.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.