Maryland Statutes
§ 5-521
(a)(1) In this section the following words have the meanings indicated.
(2)“Department” means the Department of Economic Competitiveness and Commerce.
(3)“Eligible business” has the meaning stated in § 5–451 of the Economic Development Article.
(4)“Lender” has the meaning stated in § 5–451 of the Economic Development Article.
(b)The Department and the State are not liable to any lender for payment of the principal or interest on a loan to an eligible business in accordance with § 5–451 of the Economic Development Article.
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