Md. Code, Economic Development § 10–524

(a) A debt, claim, obligation, or liability of the Corporation, whenever incurred, is the debt, claim, obligation, or liability of the Corporation only and not of the State, a unit or instrumentality of the State, or a State officer or employee.

(b) A debt, claim, obligation, or liability of the Corporation may not be considered a debt of the State or a pledge of its credit.