Maryland Statutes
Title 10 - Statewide Development Resources and Revenue Authorities
Subtitle 1 - Maryland Economic Development Corporation

Section 10-101 - Definitions - (a) In this subtitle the following words have the meanings...

Section 10-102 - Construction of Subtitle - This subtitle shall be liberally construed to accomplish its purposes.

Section 10-103 - Scope of Subtitle - A project financed under this subtitle may not include property...

Section 10-104 - Legislative Findings; Purposes; Intent - (a) The General Assembly finds that: (1) the State’s economy...

Section 10-105 - Established - (a) There is a Maryland Economic Development Corporation. (b) The...

Section 10-106 - Board of Directors - (a) A Board of Directors shall manage the Corporation and...

Section 10-107 - Officers - (a) From among its members, the Board shall elect a...

Section 10-108 - Quorum; Meetings - (a) (1) Seven members of the Board are a quorum....

Section 10-109 - Executive Director - (a) (1) Subject to the approval of the Governor, the...

Section 10-110 - Staff; Consultants - (a) The Board shall employ any additional professional and clerical...

Section 10-111 - Applicability of Laws - (a) (1) Except as otherwise provided in this section, in...

Section 10-112 - Findings of Board - A finding by the Board concerning the public purpose of...

Section 10-113 - Accounting; Fiscal Year - (a) The Corporation shall establish a system of financial accounting,...

Section 10-114 - Money of Corporation - (a) The Corporation may create and administer the accounts that...

Section 10-115 - Powers -- in General - The Corporation may: (1) adopt bylaws for the conduct of...

Section 10-116 - Powers -- Projects - (a) The Corporation may: (1) acquire, improve, develop, manage, market,...

Section 10-117 - Powers -- Debt - (a) The Corporation may: (1) borrow money and issue bonds...

Section 10-118 - Bonds -- in General - (a) The Corporation may authorize the issuance of revenue bonds...

Section 10-119 - Bonds -- Legal Investments - Bonds are securities: (1) in which any of the following...

Section 10-120 - Bonds -- Liability; Full Faith and Credit - (a) (1) This section does not prevent the Corporation from...

Section 10-121 - Bonds -- Trust Agreement - (a) (1) The Corporation may secure a bond by a...

Section 10-122 - Bonds -- Investment of Proceeds - (a) The portion of the proceeds of bonds issued to...

Section 10-123 - Bonds -- Refunding Bonds - (a) (1) The Corporation may issue bonds to refund outstanding...

Section 10-124 - Bonds -- Enforcement of Rights and Duties - Except to the extent rights granted by this subtitle are...

Section 10-125 - Project Financing - (a) The Corporation may: (1) lend or otherwise make available...

Section 10-126 - Rates and Charges - (a) The Corporation may: (1) fix and collect rates or...

Section 10-127 - Pledge - (a) The Corporation may pledge or assign: (1) any of...

Section 10-128 - Transfer of Real Property - (a) With the approval of the legislative body of each...

Section 10-129 - Tax Status - (a) Except as provided in subsection (b) of this section,...

Section 10-130 - Dorchester County Economic Development Fund - (a) In this section, “Fund” means the Dorchester County Economic...

Section 10-131 - Audit - (a) (1) As soon as practical after the close of...

Section 10-132 - Annual Report - (a) On or before October 1 of each year, the...