§ 5-438. Equity interest

Latest version.

   In conjunction with financial assistance under this subtitle, the Authority may:

   (1) accept an option to acquire an equity interest in a business enterprise; and

   (2) exercise, in its sole discretion, the option using money from the Fund.

HISTORY: An. Code 1957, art. 83A, § 5-928; 2008, ch. 306, § 2.

                    
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