Md. Code, Economic Development § 5-460
Md. Code, Economic Development § 5-460
in effect(a) A fixed asset financing loan assisted by a linked deposit is not a debt of the State or a pledge of the credit of the State.
(b) The Authority and, in accordance with § 5-521 of the Courts Article, the Department and the State are not liable to a lender for payment of the principal or interest on a fixed asset financing loan assisted by a linked deposit under this part.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-460&enactments=falseFetched: 10/16/2026