{"data":{"id":"us-md/md.-code-economic-development-10-519","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–519","heading":"","body":"(a) The Corporation may:\n(1) lend or otherwise make available the proceeds of its bonds to a person to finance costs of a project; and\n(2) enter into a financing agreement, mortgage, or other instrument that it determines is necessary or desirable to evidence or secure the loan.\n(b) (1) A lease for a project may require or authorize the lessee or another person to purchase or otherwise acquire the project for consideration, that the Corporation establishes, on:\n(i) payment of the principal of and interest on the bonds that financed the cost of the project; or\n(ii) other provision for payment satisfactory to the Corporation.\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=10-519","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"8627581a30a0580e42ef2c446933e00ce02e8911c43aa36c3537c59e1075572c","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-518","next":"us-md/md.-code-economic-development-10-519.1"},"notice":"GroundRules: Original legal text. Not legal advice."}