§ 5-460. State not liable

MD Econ Dev Code § 5-460 (2019) (N/A)
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(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.