![]() |
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 IV. SMALL BUSINESS DEVELOPMENT GUARANTY FUND |
§ 5-538. Composition
Latest version.
-
The Fund consists of:
(1) loans and grants from the federal government or a unit or instrumentality of the federal government;
(2) grants and contributions of funds from the State, a political subdivision, or any other source;
(3) premiums for guaranteeing long-term loans under § 5-540 of this subtitle;
(4) proceeds from the sale, disposition, lease, or rental of collateral by the Authority relating to loans guaranteed under § 5-540 of this subtitle; and
(5) all other receipts of the Authority under this part.