Md. Code, Economic Development § 5-457

Md. Code, Economic Development § 5-457
in effect
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In determining whether to accept a linked deposit loan package, the Authority shall confirm the eligibility of the applicant and consider: (1) the number and kinds of jobs to be created or retained as a result of providing the linked deposit; (2) the amount of the loan; (3) the amount of money in the Fund and the amount committed to linked deposits; (4) whether the availability of linked deposit financing is essential for the economic feasibility of the acquisition; (5) the economic needs of the area in which the eligible business is located; (6) the financial feasibility of the loan; and (7) other factors that the Authority considers relevant.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec&section=5-457&enactments=falseFetched: 10/16/2026

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