(a) A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.
(b) A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.
Structure Maryland Statutes
Division II - Independent and Regional Development Units and Resources
Title 10 - Statewide Development Resources and Revenue Authorities
Subtitle 5 - Maryland Agricultural and Resource-Based Industry Development Corporation
Section 10-502 - Legislative Findings; Purposes
Section 10-503 - Construction of Subtitle
Section 10-505 - Board of Directors
Section 10-506 - Executive Director
Section 10-507 - Legal Advisor
Section 10-508 - Applicability of Other Laws
Section 10-509 - Powers -- in General
Section 10-510 - Powers -- Grants and Investments
Section 10-511 - Powers -- Projects
Section 10-512 - Powers -- Borrowing and Lending Authority
Section 10-513 - Bonds -- in General
Section 10-514 - Bonds -- Liability; Full Faith and Credit
Section 10-515 - Bonds -- Trust Agreement
Section 10-516 - Bonds -- Investment of Proceeds
Section 10-517 - Bonds -- Refunding Bonds
Section 10-519 - Project Financing
Section 10-520 - Agricultural Loans
Section 10-521 - Agricultural Studies
Section 10-522 - Cooperation With Other Units