§ 5-522. Composition  


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  •    The Fund consists of:

       (1) premiums for guaranteeing loans under § 5-525(a) of this subtitle;

       (2) premiums for guaranteeing equity investments under § 5-525(b) of this subtitle;

       (3) repayments of principal of and interest on direct loans made under § 5-525(c) of this subtitle;

       (4) proceeds from the sale, disposition, lease, or rental of collateral for direct loans or loan guaranties made under § 5-525 of this subtitle; and

       (5) all other receipts of the Authority under this part.


HISTORY: An. Code 1957, art. 83A, § 5-1015(a); 2008, ch. 306, § 2.