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.