Md. Code, Economic Development § 10-844
This is the official text of Md. Code, Economic Development § 10-844, 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.
§10–844.
Official statutory text
(a) The Center may:
(1) fix and collect rates, rents, fees, and charges for the use of a project and for the services furnished or to be furnished by a project; and
(2) contract with a person or governmental entity to exercise its authority under this section.
(b) The rates, rents, fees, and charges established by the Center under this section shall be fixed and adjusted so that the aggregate amount of the rates, rents, fees, and charges from the project, when added to other available money, is sufficient to:
(1) pay for maintaining, repairing, and operating the project;
(2) pay the principal of and the interest on the bonds that the Center issued for the project as they become due and payable; and
(3) create and maintain reserves required or provided for in a trust agreement.
(c) The rates, rents, fees, and charges established by the Center under this section are not subject to supervision or regulation by any unit of the State other than the Center.
(1) fix and collect rates, rents, fees, and charges for the use of a project and for the services furnished or to be furnished by a project; and
(2) contract with a person or governmental entity to exercise its authority under this section.
(b) The rates, rents, fees, and charges established by the Center under this section shall be fixed and adjusted so that the aggregate amount of the rates, rents, fees, and charges from the project, when added to other available money, is sufficient to:
(1) pay for maintaining, repairing, and operating the project;
(2) pay the principal of and the interest on the bonds that the Center issued for the project as they become due and payable; and
(3) create and maintain reserves required or provided for in a trust agreement.
(c) The rates, rents, fees, and charges established by the Center under this section are not subject to supervision or regulation by any unit of the State other than the Center.
Status: in_force · 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.