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    • Legislation USA
    • Maryland Statutes
    • Economic Development
    • 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

    Maryland Statutes
    Part II - Maryland Industrial Development Financing Authority
    Section 5-406 - Established

    (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.

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    Structure Maryland Statutes

    Maryland Statutes

    Economic Development

    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 5-407 - Membership

    Section 5-408 - Joint Membership With Maryland Economic Development Assistance Authority; Actions

    Section 5-409 - Officers

    Section 5-410 - Quorum; Meetings; Compensation

    Section 5-411 - Executive Director

    Section 5-412 - Staff

    Section 5-413 - Powers and Duties

    Section 5-414 - Regulations

    Section 5-415 - Agreements

    Section 5-416 - Effect of Finding

    Section 5-417 - Public Ethics; Rules of Construction

    Section 5-418 - Immunity From Personal Liability

    Section 5-419 - Reports

    Section 5-420 - Dissolution

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