The portion of the aggregate principal amount of bonds and authorized purpose obligations that the Fund insures at any time may not exceed 5 times the Fund balance.
Md. Code Ann., Econ. Dev. § 5-432
Known as the Maryland Industrial Development Financing Authority Act
The act spans §§ 5–5 (53 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.