Unannotated Code of Maryland (Last Updated: May 16, 2014) |
ECONOMIC DEVELOPMENT |
DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
SUBTITLE 5. MARYLAND SMALL BUSINESS DEVELOPMENT FINANCING AUTHORITY |
PART II. MARYLAND SMALL BUSINESS DEVELOPMENT FINANCING AUTHORITY |
§ 5-510. Conflicts of interest
Latest version.
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A member of the Authority may not participate in any decision related to the approval of financial assistance if the member has any interest in:
(1) the applicant for the assistance; or
(2) the financial institution seeking a guaranty or an interest subsidy or both.