Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ECONOMIC DEVELOPMENT |
DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
SUBTITLE 2. MARYLAND ECONOMIC ADJUSTMENT FUND |
§ 5-202. Approval of financial assistance from Fund.
Latest version.
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(a) In general. -- Financial assistance from the Fund may be approved by the Secretary or the Secretary's designee.
(b) Essential governmental function. -- The exercise by the Department of the powers granted under this subtitle is the performance of an essential governmental function.