§ 5-801

Maryland § 5-801

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 5

Text

(a) In this subtitle the following words have the meanings indicated.

(b) (1) “Private corporation” means a Maryland corporation organized to establish, operate, and maintain a foreign trade zone under the federal Foreign Trade Zones Act.

(2) “Private corporation” does not include a public corporation.

(c) “Public corporation” means:

(1) the State;

(2) a subdivision of the State; or

(3) an incorporated public authority, commission, agency, or other corporate instrumentality of:

(i) the State;

(ii) a subdivision or municipal corporation of the State; or

(iii) the State and another state.