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 III. SMALL BUSINESS DEVELOPMENT CONTRACT FINANCING FUND. |
§ 5-522. Composition
Latest version.
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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.