Md. Code Ann., Econ. Dev. § 10-604
Established
Effective Oct 1, 2022Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2017, c. 575, § 1, eff. Oct. 1, 2017; Acts 2020, c. 202, § 1, eff. Oct. 1, 2020; Acts 2020, c. 203, § 1, eff. Oct. 1, 2020; Acts 2022, c. 17, § 1, eff. Oct. 1, 2022; Acts 2022, c. 346, § 1, eff. Oct. 1, 2022.State of Maryland
- (a) There is a Maryland Stadium Authority.
(b)
- (1) The Authority is a body politic and corporate and is an instrumentality of the State.
- (2) The Authority is an independent unit in the Executive Branch of State government.
- (3) The exercise by the Authority of its powers under this subtitle is an essential governmental function.
(c) The Authority is a public body under Title 5, Subtitle 4 of this article, the Maryland Industrial Development Financing Authority Act, for purposes of applying for, receiving, and making agreements in connection with:
- (1) a loan;
- (2) a grant;
- (3) insurance; or
- (4) any other form of financial assistance.
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2017, c. 575, § 1, eff. Oct. 1, 2017; Acts 2020, c. 202, § 1, eff. Oct. 1, 2020; Acts 2020, c. 203, § 1, eff. Oct. 1, 2020; Acts 2022, c. 17, § 1, eff. Oct. 1, 2022; Acts 2022, c. 346, § 1, eff. Oct. 1, 2022.