Maryland Statutes
§ 12-814
Maryland § 12-814
This text of Maryland § 12-814 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 § 12-814 (2026).
Text
(a)The net earnings of the Authority, apart from those necessary to pay debt service or to implement the purposes of this subtitle, may not inure to the benefit of any person other than the county.
(b)On termination of the Authority, all rights and title to all assets of the Authority shall vest in, and all obligations and liabilities of the Authority may be transferred to and assumed by, the county.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 12-814, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/12-814.