A member of the Authority, a person executing a bond or agreement of the Authority under this subtitle, or an employee of the Authority, the Department, or the State is not:
(1) personally liable on a bond or agreement of the Authority; or
(2) subject to personal liability or accountability arising from the issuance, execution, or delivery of a bond or agreement of the Authority.
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 5-408 - 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