Md. Code, Economic Development § 10-128
This is the official text of Md. Code, Economic Development § 10-128, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§10–128.
Official statutory text
(a) With the approval of the legislative body of each governmental unit in which a project is proposed to be located, the Board of Public Works may convey to the Corporation, for economic development purposes, any real property, including improvements, that:
(1) was transferred to the State, by gift or otherwise for substantially below market value, as a vacant or underutilized industrial facility or site;
(2) has existed for at least 10 years; and
(3) is at least 10 acres.
(b) If a person who transfers property described in subsection (a)(1) of this section to the State owns property adjoining the transferred property, the Board of Public Works shall have the first option to purchase the adjoining property at a price determined when the original property was transferred.
(c) Property conveyed under this section may be insured under Title 9 of the State Finance and Procurement Article.
(1) was transferred to the State, by gift or otherwise for substantially below market value, as a vacant or underutilized industrial facility or site;
(2) has existed for at least 10 years; and
(3) is at least 10 acres.
(b) If a person who transfers property described in subsection (a)(1) of this section to the State owns property adjoining the transferred property, the Board of Public Works shall have the first option to purchase the adjoining property at a price determined when the original property was transferred.
(c) Property conveyed under this section may be insured under Title 9 of the State Finance and Procurement Article.
Status: reserved · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.