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. |
§ 5-524. Uses
Latest version.
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The Authority may use the Fund for:
(1) loan guaranties made under § 5-525(a) of this subtitle;
(2) equity investment guaranties made under § 5-525(b) of this subtitle;
(3) direct loans made under § 5-525(c) of this subtitle; and
(4) expenses for administrative, legal, actuarial, and other services.