(a) Financial assistance from the Fund may be approved by the Secretary or the Secretary’s designee.
(b) The exercise by the Department of the powers granted under this subtitle is the performance of an essential governmental function.
Structure Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 5 - Economic Development and Financial Assistance Programs
Subtitle 2 - Maryland Economic Adjustment Fund
Section 5-202 - Approval of Financial Assistance From Fund
Section 5-203 - Maryland Economic Adjustment Fund
Section 5-205 - Loan -- Application
Section 5-206 - Loan -- Terms and Conditions