Maryland Statutes

§ 5-460

Maryland·Article gec Economic Development·Title 5
(a)A fixed asset financing loan assisted by a linked deposit is not a debt of the State or a pledge of the credit of the State.
(b)The Authority and, in accordance with § 5-521 of the Courts Article, the Department and the State are not liable to a lender for payment of the principal or interest on a fixed asset financing loan assisted by a linked deposit under this part.

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Nearby Sections

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§ 5-1001
§ 5-1001
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§ 5-1006
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§ 5-1201
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