Financial assistance from the Fund may not exceed the lesser of:
(1) $10,000,000; or
(2) 20% of the Fund balance.
Structure Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 5 - Economic Development and Financial Assistance Programs
Subtitle 3 - Maryland Economic Development Assistance Authority and Fund
Part IV - Financial Assistance From Fund
Section 5-319 - Evaluation and Approval of Requests for Financial Assistance
Section 5-320 - Eligibility of Applicants; Applications for Financial Assistance
Section 5-321 - Eligible Industry Sectors
Section 5-322 - Authorized Uses
Section 5-323 - Limitation on Financial Assistance
Section 5-324 - Qualifications
Section 5-325 - Terms and Conditions of Financial Assistance