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Statutes Text

Article - Economic Development




§5–424.

    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.