<?xml version='1.0' encoding='utf-8'?>
<section article="gec" article_name="Economic Development" number="5-551" 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 may:</text>
  <level label="1">
    <text>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;</text>
  </level>
  <level label="2">
    <text>acquire or take assignments of documents executed, obtained, or delivered in connection with any assistance the Authority provides under the Program;</text>
  </level>
  <level label="3">
    <text>set and collect premiums, fees, charges, costs, and expenses in connection with any assistance the Authority provides under the Program;</text>
  </level>
  <level label="4">
    <text>adopt regulations to carry out the Program; and</text>
  </level>
  <level label="5">
    <text>do anything necessary or convenient to carry out its powers and the purposes of the Program.</text>
  </level>
</section>
