{"data":{"id":"us-md/md.-code-economic-development-5-437","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 5–437","heading":"","body":"(a) The Authority may authorize the Executive Director of the Authority to approve, on behalf of the Authority, financial assistance under § 5–431 of this subtitle not exceeding the aggregate amount of $250,000 for a single transaction.\n(b) An approval by the Executive Director under this section:\n(1) is subject to concurrence of the Secretary, the Secretary’s designee, or the chair of the Authority;\n(2) shall comply with the requirements of this subtitle; and\n(3) is binding on the Authority.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=5-437","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"76d6f8fdee3180effa4d9923e86510d00fefa2650bc0d7f56eeae4fd2006c3d4","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-5-436","next":"us-md/md.-code-economic-development-5-438"},"notice":"GroundRules: Original legal text. Not legal advice."}