# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 18 — Maryland Economic Adjustment Fund

#### Regulation .01 Purpose.

*COMAR 24.05.18.01*

These regulations describe the policies, procedures, and authorizations for making:

A. Loans to individuals and business entities in the State to enable them to modernize manufacturing operations, develop commercial applications for technology, or explore and enter new markets; and

B. Grants to local or regional Maryland governmental or nonprofit revolving loan funds.