Maryland § 5-460

Full text of Maryland Maryland Code § 5-460, with citation guidance and answers to common questions.

§ 5-460.

    (a)    A fixed asset financing loan assisted by a linked deposit is not a debt of the State or a pledge of the credit of the State.

    (b)    The Authority and, in accordance with § 5-521 of the Courts Article, the Department and the State are not liable to a lender for payment of the principal or interest on a fixed asset financing loan assisted by a linked deposit under this part.

Frequently Asked Questions About Maryland § 5-460

What does Maryland Code § 5-460 cover?

Section 5-460 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maryland § 5-460?

A common citation format is "Maryland Code § 5-460" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 5-460 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.