Maryland Statutes
Part VII - Child Care Special Loans
Section 5-348 - Use of Proceeds

(a)    The proceeds of a child care special loan may be used:
        (1)    to assist the applicant in meeting applicable State and local child care standards;
        (2)    to pay for minor renovations, and to upgrade child care facilities, to ensure that applicants meet State and local child care standards; or
        (3)    to purchase and install equipment and furniture, including equipment needed to accommodate children with special needs.
    (b)    Except as provided in subsection (a) of this section, the proceeds of a child care special loan may not be used:
        (1)    to purchase or improve land; or
        (2)    to purchase, construct, or improve a building or facility.

Structure Maryland Statutes