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Md. Code Ann., Econ. Dev. § 5-424

Showing this section's text as in effect on January 1, 2019 (in force January 1, 2019 – January 1, 2021). View current text →

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; or

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

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