§ 5–1003
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-1003 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 10. Uniformed Services Personnel and Veteran-Owned Small Business No-Interest Loan Program
§ 5–1003LinkCopy Citation
Loans shall be made under this subtitle for the purposes of:
(1)
providing financial support to:
(i)
a business owned by a reserve component member who is called to active duty; or
(ii)
a small business employer of a reserve component member who is called to active duty;
(2)
making the home, motor vehicle, or place of employment of a veteran accessible to individuals with disabilities, including purchasing equipment necessary to enable a business to employ a service–disabled veteran or to enable a service–disabled veteran to operate a business; and
(3)
defraying other necessary expenses, as determined by the Department of Veterans and Military Families, incurred by:
(i)
a business employing a service–disabled veteran; or
(ii)
a veteran–owned small business.