Md. Code, Economic Development § 10-619
Md. Code, Economic Development § 10-619
in effect(a) Subject to the prior approval of the Board of Public Works, the Authority may:
(1) hold an ownership interest in or operate a professional football or major league professional baseball team or team franchise for up to 2 years during a transition to private ownership; and
(2) continue to hold, but not operate, an ownership interest in a professional football or major league professional baseball team during a transition of the team without a time limitation.
(b) If necessary, the Board of Public Works may renew its approval under subsection (a) of this section each year.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=10-619&enactments=falseFetched: 10/16/2026