(a) The Secretary may:
- (1) invest in a specialized small business investment company created in accordance with the federal Small Business Investment Act of 1958; and
- (2) to the extent allowed by federal law, do anything necessary or convenient to fully participate in the formation and operation of a specialized small business investment company.
(b) Notwithstanding any other law, the Secretary may use money to finance a specialized small business investment company from accounts within:
- (1) the Enterprise Fund established under Subtitle 6 of this title; and
- (2) the Maryland Small Business Development Financing Authority established under Subtitle 5 of this title.
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.