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    • Legislation USA
    • Maryland Statutes
    • Economic Development
    • Division I - Secretary of Commerce and Department of Commerce
    • Title 5 - Economic Development and Financial Assistance Programs
    • Subtitle 18 - Capital Access Program
    • Section 5-1803 - Purpose of Program

    Maryland Statutes
    Subtitle 18 - Capital Access Program
    Section 5-1803 - Purpose of Program

    The purpose of the Program is to stimulate opportunities for small businesses that may have difficulty in obtaining business financing to have access to credit by establishing a loan loss reserve program.

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    Structure Maryland Statutes

    Maryland Statutes

    Economic Development

    Division I - Secretary of Commerce and Department of Commerce

    Title 5 - Economic Development and Financial Assistance Programs

    Subtitle 18 - Capital Access Program

    Section 5-1801 - Definitions

    Section 5-1802 - Capital Access Program Established

    Section 5-1803 - Purpose of Program

    Section 5-1804 - Loans Qualified Under Program

    Section 5-1805 - Enrollment of Qualifying Loan or Portion of Loan

    Section 5-1806 - Loan Loss Reserve Account -- Payments to Account -- Withdrawal Upon Default -- Withdrawal of Lender From Program

    Section 5-1807 - Adoption of Regulations

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