Md. Code, Local Gov't § 18-111

Current with changes from the 2024 Legislative Session

Section 18-111 - Earnings of authority

The net earnings of an authority, other than those necessary to pay debt services or implement the public purposes of this subtitle, may not be used for the benefit of a person.

Md. Code, LG § 18-111

Amended by 2015 Md. Laws, Ch. 181,Sec. 1, eff. 10/1/2015.

Revised and recodified by 2013 Md. Laws, Ch. 119,Sec. 2, eff. 10/1/2013.