(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.
Structure Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 5 - Economic Development and Financial Assistance Programs
Subtitle 1 - General Provisions
Section 5-101 - Duty of Department; Local Strategic Plans
Section 5-102 - Programs and Funds Administered by the Department
Section 5-103 - Transfer of Funds
Section 5-104 - Specialized Small Business Investment Companies
Section 5-105 - Focus Areas, Enterprise Zones, and Brac Zones
Section 5-106 - Contact for Military Installation Realignment and Closure