Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ECONOMIC DEVELOPMENT |
DIVISION II. INDEPENDENT AND REGIONAL DEVELOPMENT UNITS AND RESOURCES |
TITLE 10. STATEWIDE DEVELOPMENT RESOURCES AND REVENUE AUTHORITIES |
SUBTITLE 4. MARYLAND TECHNOLOGY DEVELOPMENT CORPORATION |
PART I. GENERAL PROVISIONS |
§ 10-411. Liability; credit
Latest version.
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A debt, claim, obligation, or liability of the Corporation or any subsidiary is not:
(1) a debt, claim, obligation, or liability of the State, a unit or instrumentality of the State, or of a State officer or State employee; or
(2) a pledge of the credit of the State.