Maryland Department of Business and Economic Development Section 5-309

Article - Department of Business and Economic Development

§ 5-309.

      (a)      All debts, claims, obligations, and liabilities of the Trust and its subsidiaries, whenever incurred, shall be the debts, claims, obligations, and liabilities of the Trust only and not of the State, its agencies, instrumentalities, officers, or employees.

      (b)      The debts, claims, obligations, and liabilities of the Trust may not be considered to be a debt of the State or a pledge of its credit.



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