# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 08 — Small Business Development Guaranty Fund

#### Regulation .10 Program Administration.

*COMAR 24.05.08.10*

A. An action or decision required or permitted to be taken or made by the Department pursuant to the Act or these regulations may be taken by the Authority, the Secretary or the Secretary's designee, or, to the extent set forth in the Act or properly delegated by the Authority or the Secretary, the Executive Director of the Authority.

B. The Secretary may delegate to the Executive Director of the Authority or to any other official or employee of the Department or Authority the authority to review and execute any Program documents or loan documents.