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Section 5-424 - Purpose — Maryland Law | CourtGPT
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  9. Section 5-424 - Purpose
Maryland Legal Code

Section 5-424 - Purpose

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The Fund shall be used: (1) for the purposes described in Part VI and §§ 5–430, 5–431, and 5–438 of this subtitle; and (2) to pay expenses of the Authority, including expenses: (i) for administrative, legal, actuarial, and other services; (ii) related to: 1. issuance or insurance of bonds and authorized purpose obligations; and 2. funding of reserves; and (iii) of providing other financial assistance under this subtitle.