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Code · Maryland · Economic Development

§ 5-406

48 words·~1 min read·/md/economic-development/5-406

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§5–406.
(a)There is a Maryland Industrial Development Financing Authority in the Department.
(b)The Authority is a body politic and corporate and is an instrumentality of the State.
(c)The exercise by the Authority of power under this subtitle is the performance of an essential governmental function.
★   the supreme law of the land   ★
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