Maryland Statutes
Part III - Industrial Development Fund
Section 5-424 - Purpose

The Fund shall be used:
        (1)    for the purposes described in Part VI and §§ 5–430, 5–431, and 5–438 of this subtitle; and
        (2)    to pay expenses of the Authority, including expenses:
            (i)    for administrative, legal, actuarial, and other services;
            (ii)    related to:
                1.    issuance or insurance of bonds and authorized purpose obligations; and
                2.    funding of reserves; and
            (iii)    of providing other financial assistance under this subtitle.

Structure Maryland Statutes