§ 10-524
67 words·~1 min read·
/md/economic-development/10-524A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§10–524.
(a)A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.
(b)A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.