§ 5-424. Purpose

MD Econ Dev Code § 5-424 (2019) (N/A)
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The Fund shall be used:

(1)    for the purposes described in Part VI and §§ 5-430, 5-431, and 5-438 of this subtitle; and

(2)    to pay expenses of the Authority, including expenses:

(i)    for administrative, legal, actuarial, and other services;

(ii)    related to:

1.    issuance or insurance of bonds and authorized purpose obligations; and

2.    funding of reserves; or

(iii)    of providing other financial assistance under this subtitle.