Md. Code Ann., Econ. Dev. § 10-320 – Termination | Midpage

Collections
Maryland Code

§ 10-320

Md. Code Ann., Econ. Dev. § 10-320

Termination

Effective Oct 1, 2008Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.State of Maryland

(a) A law to terminate the Authority may not take effect until adequate provision is made to pay each outstanding bond and other obligation of the Authority.
(b) On termination of the Authority, its rights and property pass to the State.

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.