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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
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TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
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SUBTITLE 2. MARYLAND ECONOMIC ADJUSTMENT FUND |
§ 5-201. Definitions
Latest version.
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(a) In general. -- In this subtitle the following words have the meanings indicated.
** REVISOR'S NOTE
This subsection formerly was Art. 83A, § 6-501(a).
** REVISOR'S NOTE
No changes are made.
(b) Fund. -- "Fund" means the Maryland Economic Adjustment Fund.
** REVISOR'S NOTE
This subsection formerly was Art. 83A, § 6-501(d).
** REVISOR'S NOTE
No changes are made.
(c) Working capital. --
(1) "Working capital" means money for current operations of a business.
(2) "Working capital" includes money for supplies, materials, labor, equipment, rent, software, marketing, insurance, and fees for professional services.
** REVISOR'S NOTE
This subsection formerly was Art. 83A, § 6-501(e).
** REVISOR'S NOTE
In this subsection and throughout this subtitle, the references to "money" are substituted for the former references to "funds" for consistency within this article.
** REVISOR'S NOTE
In paragraph (1) of this subsection, the former phrase "to be used" is deleted as surplusage.
** REVISOR'S NOTE
No other changes are made.