§ 5-460
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/md/economic-development/5-460A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–460.
(a)A fixed asset financing loan assisted by a linked deposit is not a debt of the State or a pledge of the credit of the State.
(b)The Authority and, in accordance with § 5-521 of the Courts Article, the Department and the State are not liable to a lender for payment of the principal or interest on a fixed asset financing loan assisted by a linked deposit under this part.