Section 10-105 - Established.

§ 10-105. Established.
 

(a)  In general.- There is a Maryland Economic Development Corporation. 

(b)  Status.- The Corporation is a body politic and corporate and is an instrumentality of the State. 

(c)  Essential governmental function.- The exercise by the Corporation of a power under this subtitle is the performance of an essential governmental function. 
 

[An. Code 1957, art. 83A, § 5-203(a); 2008, ch. 306, § 2.]