Md. Code, Economic Development § 10-524

Md. Code, Economic Development § 10-524
in effect
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(a) A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee. (b) A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec&section=10-524&enactments=falseFetched: 10/16/2026

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