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 III. INDUSTRIAL DEVELOPMENT FUND |
§ 5-428. Surplus money
Latest version.
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With the consent of the Secretary, the Authority may pay to the Treasurer, to the credit of the General Fund, money that the Authority determines exceeds the amount necessary to meet:
(1) the obligations of the Authority under this subtitle; and
(2) the requirements of this subtitle.