{"data":{"id":"us-md/md.-code-economic-development-10-125","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–125","heading":"","body":"(a) The Corporation may:\n(1) lend or otherwise make available the proceeds of bonds to a person to finance costs of a project; and\n(2) enter into financing agreements, mortgages, and other instruments that it determines are necessary or desirable to evidence or secure the loan.\n(b) (1) The lease for a project may require or authorize the lessee or another person to purchase or otherwise acquire the property for consideration that the Corporation establishes, when:\n(i) the principal of and interest on the bonds that financed the cost of the project are paid; or\n(ii) provision satisfactory to the Corporation is made for their payment.\n(2) Consideration required under paragraph (1) of this subsection may be nominal.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=10-125","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"3eb1fd83096d2bc00c16cb021286fbed0fad99dff1ad188e757f3b8659913b21","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-124","next":"us-md/md.-code-economic-development-10-126"},"notice":"GroundRules: Original legal text. Not legal advice."}
