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Statutes Text

Article - Economic Development




§5–425.

    (a)    The Fund is a continuing, nonlapsing fund that is not subject to reversion under § 7-302 of the State Finance and Procurement Article.

    (b)    The Fund consists of:

        (1)    money appropriated in the State budget to the Fund;

        (2)    premiums, fees, and any other money received by the Authority with respect to financial assistance provided by the Authority from the Fund;

        (3)    proceeds from the sale, lease, or other disposition of property of the Authority;

        (4)    interest received from linked deposits made from the Linked Deposit Program under Part VI of this subtitle; and

        (5)    any other money made available under this subtitle.



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