Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ECONOMIC DEVELOPMENT |
DIVISION II. INDEPENDENT AND REGIONAL DEVELOPMENT UNITS AND RESOURCES |
TITLE 12. LOCAL DEVELOPMENT AUTHORITIES AND RESOURCES |
SUBTITLE 1. ECONOMIC DEVELOPMENT REVENUE BOND ACT |
§ 12-102. Construction and effect of subtitle
Latest version.
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(a) Construction -- Of subtitle. -- This subtitle shall be liberally construed to accomplish its purposes.
(b) Construction -- Of defined term "facility". -- A facility is not a capital project of a public body within the meaning of any statutory or charter provision.
(c) Effect of subtitle. -- This subtitle does not authorize a county or municipal corporation to acquire a facility by eminent domain.