Md. Code, Economic Development § 5-426
This is the official text of Md. Code, Economic Development § 5-426, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§5–426.
Official statutory text
(a) The Treasurer shall:
(1) invest the money in the Fund in the same manner as other State money may be invested; and
(2) credit any investment earnings to the Fund.
(b) Any net investment earnings of the Fund, beyond those necessary to further the purposes of this subtitle, may not benefit a person other than the State.
(1) invest the money in the Fund in the same manner as other State money may be invested; and
(2) credit any investment earnings to the Fund.
(b) Any net investment earnings of the Fund, beyond those necessary to further the purposes of this subtitle, may not benefit a person other than the State.
Status: in_force · Read it on the official government site
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