(a) There is a Maryland Industrial Development Financing Authority in the Department.
(b) The Authority is a body politic and corporate and is an instrumentality of the State.
(c) The exercise by the Authority of power 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 4 - Maryland Industrial Development Financing Authority
Part II - Maryland Industrial Development Financing Authority
Section 5-406 - Established
Section 5-408 - Joint Membership With Maryland Economic Development Assistance Authority; Actions
Section 5-410 - Quorum; Meetings; Compensation
Section 5-411 - Executive Director
Section 5-413 - Powers and Duties
Section 5-416 - Effect of Finding
Section 5-417 - Public Ethics; Rules of Construction