Md. Code, Economic Development § 5-104
Md. Code, Economic Development § 5-104
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-104&enactments=falseFetched: 10/16/2026