# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 4. Maryland Industrial Development Financing Authority

#### Section 5-438

In conjunction with financial assistance under this subtitle, the Authority may:

(1) accept an option to acquire an equity interest in a business enterprise; and

(2) exercise, in its sole discretion, the option using money from the Fund.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)