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<section article="gec" article_name="Economic Development" number="5-542" title_number="5" title_name="Economic Development and Financial Assistance Programs" subtitle_number="5" subtitle_name="Maryland Small Business Development Financing Authority">
  <text>The Authority shall use the Fund to:</text>
  <level label="1">
    <text>purchase qualified securities that an enterprise issues to provide equity participation financing as the Program allows;</text>
  </level>
  <level label="2">
    <text>provide guaranties of investments to expand the capital resources of enterprises;</text>
  </level>
  <level label="3">
    <text>purchase advisory services and technical assistance consistent with the Program;</text>
  </level>
  <level label="4">
    <text>purchase securities in which a fiduciary of the State may lawfully invest;</text>
  </level>
  <level label="5">
    <text>provide equity participation financing as the Program allows; and</text>
  </level>
  <level label="6">
    <text>pay for administrative, legal, and actuarial services that relate to the Program.</text>
  </level>
</section>
