There is a newer version of the Maryland Code
2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 10-524 - Liability of corporation
MD Econ Dev Code § 10-524 (2013) What's This?
§10-524.
(a) A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.
(b) A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.
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