2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 11-516 - Project financing
§11-516.
(a) The Corporation may:
(1) lend or otherwise make available its net revenue to finance costs of a project; and
(2) enter into a financing agreement, mortgage, or other instrument that it determines is necessary or desirable to evidence or secure the loan.
(b) A lease of property of the Corporation may require or authorize the lessee or another person, on conveyance of the property to the Corporation, to purchase or otherwise acquire the property for consideration that the Corporation establishes.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
