Maryland Statutes
§ 5-570
Maryland § 5-570
This text of Maryland § 5-570 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Economic Development § 5-570 (2026).
Text
(a)The Authority may only approve a guaranty or a bond under this part if the Authority determines that the contract, for which a bond is sought to be guaranteed or issued, will have a substantial economic impact.
(b)To determine the economic impact of a contract, the Authority may consider:
(1)the amount of the guaranty obligation;
(2)the terms of the bond to be guaranteed;
(3)the number of new jobs that the contract to be bonded will create; and
(4)any other factor that the Authority considers relevant.
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Bluebook (online)
Maryland § 5-570, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/5-570.