§ 5–551
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-551 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 5. Maryland Small Business Development Financing Authority
§ 5–551LinkCopy Citation
The Authority may:
(1)
prescribe or approve the form of and terms and conditions in applications, guaranty agreements, or any other documents entered into by the Authority, principals, or sureties under the Program;
(2)
acquire or take assignments of documents executed, obtained, or delivered in connection with any assistance the Authority provides under the Program;
(3)
set and collect premiums, fees, charges, costs, and expenses in connection with any assistance the Authority provides under the Program;
(4)
adopt regulations to carry out the Program; and
(5)
do anything necessary or convenient to carry out its powers and the purposes of the Program.