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 4. MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY |
PART II. MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY |
§ 5-415. Agreements
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(a) Approval. -- The Authority may approve, or may authorize the Executive Director to approve, the form of an agreement by the Authority under this subtitle.
(b) Payment. -- Any money that the Authority pays under an agreement the Authority makes under this subtitle shall be payable as and when the Authority determines in its sole discretion.