Md. Code Ann., Econ. Dev. § 5-553
Powers
Effective Jul 1, 2014Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2014, c. 70, § 1, eff. July 1, 2014; Acts 2014, c. 71, § 1, eff. July 1, 2014.State of Maryland
- (1) provide equity participation financing to help socially or economically disadvantaged individuals in the State create and develop small businesses and acquire existing businesses;
- (2) buy, hold, and sell qualified securities;
- (3) prepare, publish, and distribute technical studies, reports, and other materials with or without charge; and
- (4) provide and pay for advisory services and technical assistance that are necessary or desirable to carry out the Program.
The Authority may:
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Amended by Acts 2014, c. 70, § 1, eff. July 1, 2014; Acts 2014, c. 71, § 1, eff. July 1, 2014.